Weekly Housing Market Report - Katy and Fulshear, Texas - Week 5: January 26 - February 1, 2025
Week 5: January 26 - February 1, 2025
Katy Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Katy during Week 5 of 2025 was $330,370, reflecting an increase from $325,000 in Week 4, but still lower than $340,000 in Week 3 and $375,000 in Weeks 1 & 2.
Number of Active Listings
As of the end of Week 5, there were 719 active listings in Katy, continuing to increase from 643 in Week 4, 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 32 days, increasing from 30 days in Week 4, 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 5 was $358,865, slightly higher than $355,990 in Week 4 and $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: 59.2% (↑ from 56.5% in Week 4, 56.0% in Week 3, 33.3% in Week 2 & 45.1% in Week 1)
Minimum Concession: $500 (Same as Week 4, ↓ from $600 in Week 3, $1,500 in Week 2 & $1,000 in Week 1)
Maximum Concession: $25,800 (↓ from $31,850 in Week 4 but ↑ from $20,000 in Week 3 & $22,500 in Weeks 1 & 2)
Median Concession: $6,750 (↑ from $6,300 in Week 4 & $5,000 in Week 3, but ↓ from $9,399.50 in Week 2)
Inventory in Months
The inventory level in Katy is now 1.40 months, decreasing from 2.17 in Week 4 but increasing from 1.82 in Week 3 and 1.8 in Week 2.
Fulshear Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Fulshear was $381,990 in Week 5, showing a decline from $420,000 in Week 4, $444,995 in Week 3, $555,818.50 in Week 2, and $454,343 in Week 1.
Number of Active Listings
There were 269 active listings in Fulshear at the close of Week 5, continuing to increase from 240 in Week 4, 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 72 days, increasing from 36 days in Week 4, 65 days in Week 3, 29.5 days in Week 2, and 53 days in Week 1.
List Price Trends
The median list price for closed sales in Week 5 was $383,990, decreasing from $429,980 in Week 4, $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: 59.5% (↑ from 66.7% in Week 4, 54.5% in Week 3, 42.9% in Week 2 & 33.3% in Week 1)
Minimum Concession: $1,000 (↓ from $2,044 in Week 4 but ↑ from $1,888 in Week 3, $2,000 in Week 2 & $5,000 in Week 1)
Maximum Concession: $15,064 (↓ from $35,783 in Week 4, $20,000 in Week 3 & $22,000 in Week 2 but ↑ from $12,557 in Week 1)
Median Concession: $9,090.50 (↓ from $10,000 in Week 4 but ↑ 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 1.70 months, decreasing from 2.67 in Week 4 but increasing from 2.27 in Week 3, 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. Readers are encouraged to conduct their own research and consult with a licensed real estate professional before making any property-related decisions.
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