Katy, TX Market Update for March 2007

Here are the latest real estate market statistics for Katy, TX area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 28.4%**

Average	February 2007	March 2007	% Change
Asking Price	$187,066	$196,289	4.9%
Sales Price	$183,257	$191,973	4.8%
% of Asking Price	98%	98%	0.0%
$/SQFT	$75	$77	2.7%
Days on Market	109	96	-11.9%
Total Transactions	322	379	17.7%

Search for homes in Katy, TX and read a neighborhood overview of the Katy, TX area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 4/18/2007: 1,937 properties on the market with 550 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.