Weekly Housing Market Report - Katy and Fulshear, Texas - Week 4: January 19 - January 25, 2025
Week 4: January 19 - January 25, 2025
Katy Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Katy during Week 4 of 2025 was $325,000, reflecting a decline from $340,000 in Week 3 and $375,000 in Weeks 1 & 2.
Number of Active Listings
As of the end of Week 4, there were 643 active listings in Katy, continuing to increase from 584 in Week 3, 509 in Week 2, and 451 in Week 1.
Median Days on Market (DOM)
Sales: The median Days on Market (DOM) for closed sales was 30 days, increasing from 25 days in Week 3, 26 days in Week 2, and 24 days in Week 1.
List Price Trends
The median list price for homes sold in Week 4 was $355,990, slightly higher than $347,000 in Week 3, but lower than $377,450 in Week 2 and $379,900 in Week 1.
Seller Concessions Over $1
Percentage of Sales with Concessions: 56.5% (↑ from 56.0% in Week 3, 33.3% in Week 2 & 45.1% in Week 1)
Minimum Concession: $500 (↓ from $600 in Week 3, $1,500 in Week 2 & $1,000 in Week 1)
Maximum Concession: $31,850 (↑ from $20,000 in Week 3 & $22,500 in Weeks 1 & 2)
Median Concession: $6,300 (↑ from $5,000 in Week 3, but ↓ from $9,399.50 in Week 2)
Inventory in Months
The inventory level in Katy is now 2.17 months, increasing from 1.82 in Week 3, 1.8 in Week 2, and 2.06 in Week 1.
Fulshear Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Fulshear was $420,000 in Week 4, showing a decline from $444,995 in Week 3, $555,818.50 in Week 2, and $454,343 in Week 1.
Number of Active Listings
There were 240 active listings in Fulshear at the close of Week 4, continuing to increase from 214 in Week 3, 192 in Week 2, and 180 in Week 1.
Median Days on Market (DOM)
Sales: The median Days on Market (DOM) for closed sales was 36 days, improving from 65 days in Week 3, but increasing from 29.5 days in Week 2 and 53 days in Week 1.
List Price Trends
The median list price for closed sales in Week 4 was $429,980, decreasing from $474,995 in Week 3, $574,995 in Week 2, and $502,990 in Week 1.
Seller Concessions Over $1
Percentage of Sales with Concessions: 66.7% (↑ from 54.5% in Week 3, 42.9% in Week 2 & 33.3% in Week 1)
Minimum Concession: $2,044 (↑ from $1,888 in Week 3, but ↓ from $2,000 in Week 2 & $5,000 in Week 1)
Maximum Concession: $35,783 (↑ from $20,000 in Week 3, but ↓ from $22,000 in Week 2 & ↑ from $12,557 in Week 1)
Median Concession: $10,000 (↑ from $8,568.50 in Week 3, $6,975 in Week 2 & $5,000 in Week 1)
Inventory in Months
The inventory level in Fulshear is now 2.67 months, increasing from 2.27 in Week 3, but decreasing from 3.2 in Week 2 and 4.67 in Week 1.
Legal Disclaimer
The information provided in this blog post is for informational purposes only and should not be considered financial, legal, or real estate advice. While every effort is made to ensure the accuracy of the data presented, market conditions fluctuate, and individual circumstances may vary. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions. The author and publisher assume no responsibility for any actions taken based on the content of this blog.
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