Weekly Housing Market Report - Katy and Fulshear, Texas - Week 8: February 16 - February 22, 2025

Katy Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Katy during Week 8 of 2025 was $350,740, reflecting an increase from $333,500 in Week 7.

Number of Active Listings

As of the end of Week 8, there were 1,112 active listings in Katy, continuing to rise from 972 in Week 7, 829 in Week 6, 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 21.0 days, slightly increasing from 20.5 in Week 7.

List Price Trends

  • The median list price for homes sold in Week 8 was $363,990, increasing from $338,740 in Week 7.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 58.2% (↑ from 52.9% in Week 7)

  • Minimum Concession: $500 (Same as Week 7)

  • Maximum Concession: $24,000 (↓ from $28,310 in Week 7)

  • Median Concession: $9,700 (↑ from $7,851.50 in Week 7)

Inventory in Months

  • The inventory level in Katy is now 2.85 months, rising from 2.22 in Week 7.

Fulshear Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Fulshear was $410,000 in Week 8, showing an increase from $361,500 in Week 7.

Number of Active Listings

There were 395 active listings in Fulshear at the close of Week 8, continuing to rise from 351 in Week 7, 313 in Week 6, 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 11.0 days, a significant decrease from 38.5 in Week 7.

List Price Trends

  • The median list price for closed sales in Week 8 was $410,000, reflecting an increase from $365,495 in Week 7.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 61.3% (↓ from 64.3% in Week 7)

  • Minimum Concession: $550 (↑ from $2,500 in Week 7)

  • Maximum Concession: $15,000 (↓ from $41,700 in Week 7)

  • Median Concession: $8,672 (↓ from $9,912 in Week 7)

Inventory in Months

  • The inventory level in Fulshear is now 2.97 months, slightly rising from 2.93 in Week 7.

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.

#KatyRealEstate #FulshearHousingMarket #PurdyAppraisal #HomeValues2025

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Weekly Housing Market Report - Bay City, Texas - Week 8: February 16 - February 22, 2025

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Weekly Housing Market Report - Richmond, Rosenberg, and Sugar Land - Week 8: February 16 - February 22, 2025