Weekly Housing Market Report - Katy and Fulshear, Texas - Week 9: February 23 - March 1, 2025

Katy Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Katy during Week 9 of 2025 was $315,000, reflecting a decrease from $350,740 in Week 8.

Number of Active Listings

As of the end of Week 9, there were 1,323 active listings in Katy, continuing to rise from 1,112 in Week 8.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 19.0 days, slightly decreasing from 21.0 in Week 8.

List Price Trends

  • The median list price for homes sold in Week 9 was $339,900, decreasing from $363,990 in Week 8.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 68.9% (↑ from 58.2% in Week 8)

  • Minimum Concession: $750 (↑ from $500 in Week 8)

  • Maximum Concession: $204,000 (↑ from $24,000 in Week 8)

  • Median Concession: $10,000 (↑ from $9,700 in Week 8)

Inventory in Months

  • The inventory level in Katy is now 1.60 months, decreasing from 2.85 in Week 8.

Fulshear Housing Market Overview

Market Appreciation or Depreciation

The median closed price for homes in Fulshear was $405,000 in Week 9, showing a slight decrease from $410,000 in Week 8.

Number of Active Listings

There were 444 active listings in Fulshear at the close of Week 9, continuing to rise from 395 in Week 8.

Median Days on Market (DOM)

  • Sales: The median Days on Market (DOM) for closed sales was 49.0 days, increasing from 11.0 in Week 8.

List Price Trends

  • The median list price for closed sales in Week 9 was $424,990, reflecting an increase from $410,000 in Week 8.

Seller Concessions Over $1

  • Percentage of Sales with Concessions: 77.2% (↑ from 61.3% in Week 8)

  • Minimum Concession: $2,000 (↑ from $550 in Week 8)

  • Maximum Concession: $25,827 (↑ from $15,000 in Week 8)

  • Median Concession: $9,387 (↓ from $8,672 in Week 8)

Inventory in Months

  • The inventory level in Fulshear is now 1.82 months, decreasing from 2.97 in Week 8.

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

Previous
Previous

Weekly Housing Market Report - Bay City, Texas - Week 9: February 23 - March 1, 2025

Next
Next

Weekly Housing Market Report - Richmond, Rosenberg, and Sugar Land - Week 9: February 23 - March 1, 2025