The Market Has Shifted: Here's What You Need to Know in Katy, Cypress, 77084 & 77095

Katy, TX:

• Active Listings: 1,991
• Pending Sales: 872
• Homes Sold in May: 617
• Average List Price: $473,234
• Average Sales Price: $404,056
• Average Days on Market: 55

Cypress, TX:

• Active Listings: 1,158
• Pending Sales: 544
• Homes Sold in May: 307
• Average List Price: $559,540
• Average Sales Price: $494,163
• Average Days on Market: 84

77084 (West Houston):

• Active Listings: 263
• Pending Sales: 102
• Homes Sold in May: 84
• Average List Price: $323,266
• Average Sales Price: $303,661
• Average Days on Market: 80

77095 (Copperfield Area):

• Active Listings: 181
• Pending Sales: 85
• Homes Sold in May: 51
• Average List Price: $388,313
• Average Sales Price: $349,479
• Average Days on Market: 39

Implications for Sellers:

With increased competition from more listings, it is crucial to adopt a strategic pricing approach, invest in robust marketing efforts, and ensure your home is presented impeccably.

Implications for Buyers:

The current market offers more choices and enhanced negotiating power. You can take your time to find the ideal home without the pressure of a fast-paced market.

Whether you're considering buying or selling, having a knowledgeable and experienced local expert by your side is essential. I’m Marysol Calvillo, and I am here to assist you in navigating today’s market with confidence.

If you have questions or are ready to embark on your real estate journey, let’s connect.