What are the current home sale trends in Katy Tx.
2,142There appear to be a ton of houses for sale. Is this a good time to put our house on the market?
2 answer(s)
About 7 years ago
About 18 months ago, anything would sell. Now the not so well presented house sit longer in the market and there is negociation on the price. The higher the price point the slower you get. However, entry level house in or close to Cinco Ranch still go very quickly as there is a lack of inventory. Up to roughly 250k is still a hot market, it gradually slows down as price increases. We have more than 20 rental houses in Katy and we do some flips in this area also, so we monitor these prices carefully.
Contact us for more details on your subdivision.
Contact us for more details on your subdivision.
Like (3)
DislikeAbout 7 years ago
Some price ranges and areas of Katy are experiencing a much larger supply of homes due to the slow down in Energy Sector jobs. Many of the people that live in Katy work in the Energy Corridor area. The oil market slump has resulted in lesser demand for homes in the Katy area that are priced over $200,000. That being said, homes that are competitively priced, in good condition, and that are well presented can still within 90 days. If you price your home at market value, make sure it is in top condition and staged well, you should be able to sell it.
source:
http://houstonprimerealty.com/
http://houstonprimerealty.com/
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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