Weekly Housing Market Report - Katy and Fulshear, Texas - Week 6: February 2 - February 8, 2025
Katy Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Katy during Week 6 of 2025 was $377,490, reflecting an increase from $330,370 in Week 5 and $325,000 in Week 4, but aligning closer to values seen in Weeks 1 & 2 ($375,000).
Number of Active Listings
As of the end of Week 6, there were 829 active listings in Katy, continuing to rise from 719 in Week 5, 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 35 days, increasing from 32 in Week 5, 30 in Week 4, and 25 in Week 3.
List Price Trends
The median list price for homes sold in Week 6 was $389,999.50, increasing from $358,865 in Week 5, $355,990 in Week 4, and $347,000 in Week 3.
Seller Concessions Over $1
Percentage of Sales with Concessions: 48.4% (↓ from 59.2% in Week 5 but ↑ from earlier weeks)
Minimum Concession: $1,200 (↑ from $500 in Week 5 but ↓ from $1,500 in Week 2)
Maximum Concession: $20,000 (↓ from $25,800 in Week 5 but consistent with Weeks 3 & 2)
Median Concession: $6,142 (↓ from $6,750 in Week 5)
Inventory in Months
The inventory level in Katy is now 3.02 months, rising significantly from 1.40 in Week 5 and 2.17 in Week 4.
Fulshear Housing Market Overview
Market Appreciation or Depreciation
The median closed price for homes in Fulshear was $487,500 in Week 6, showing a significant increase from $381,990 in Week 5 and $420,000 in Week 4, bringing it closer to values from Weeks 1 & 2 ($454,343 and $555,818.50, respectively).
Number of Active Listings
There were 313 active listings in Fulshear at the close of Week 6, continuing to rise from 269 in Week 5, 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 49 days, improving from 72 in Week 5, but increasing from 36 in Week 4 and 29.5 in Week 2.
List Price Trends
The median list price for closed sales in Week 6 was $497,500, reflecting an increase from $383,990 in Week 5, $429,980 in Week 4, and $474,995 in Week 3.
Seller Concessions Over $1
Percentage of Sales with Concessions: 50.0% (↓ from 59.5% in Week 5 but higher than Weeks 3, 2 & 1)
Minimum Concession: $4,000 (↑ from $1,000 in Week 5 but lower than previous weeks)
Maximum Concession: $19,858 (↑ from $15,064 in Week 5 but ↓ from $35,783 in Week 4)
Median Concession: $10,000 (Same as Week 5, but ↑ from previous weeks)
Inventory in Months
The inventory level in Fulshear is now 2.61 months, rising from 1.70 in Week 5 but still lower than earlier weeks.
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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