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May 19, 2007

Katy, TX April 2007 Market Update

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: 31.3%**

Average March 2007 April 2007 % Change
Asking Price $197,366 $179,748 -8.9%
Sales Price $192,877 $175,709 -8.9%
% of Asking Price 98% 98% 0.0%
$/SQFT $77 $75 -2.6%
Days on Market 97 93 -4.1%
Total Transactions 389 379 -2.6%

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 5/9/2007: 1,980 properties on the market with 619 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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