In-depth Real Estate Data: Communities

Katy Lakes Research, Pricing, and Statistics

From May 18th, 2024 through November 14th, 2024

Units Sold:

16

Average Sold Price:

$341,324

Average Sold Discount:

2%

Average Price Reduction:

3%

Average DOM:

76

Katy Lakes offers a diverse selection of homes, with 18 properties currently on the market, ranging from $375,990 to $1,136,604. Home sizes vary from 2,200 to 4,528 sq ft, and lots average 9,110 sq ft. With new builds from CastleRock and Highland Homes, it's a great time to explore buying or selling in this vibrant community!

Active Listings

18

Average List Price

$541,367

Typical List Price

$424k to $609k

Homes Listed per Price Range

A visual list price spectrum representation

$376kto$496k$496kto$616k$616kto$735k$735kto$855k$855kto$975k$975kto$1.1M
20249532

Sold Listings

16

Average Selling Price

$341,324

Typical Selling Price

$4k to $442k

Homes Sold per Price Range

A visual sold price spectrum representation

$3kto$179k$179kto$356k$356kto$533k$533kto$710k$710kto$887k$887kto$1.1M
2024526112

Average Sold Price per Sq Ft

$160

Typical Sold Price per Sq Ft

$139 to $169

Number of Homes Sold by Sold Price per Square Foot

Breaking down the market by $/SF ranges

$1to$44$44to$88$88to$131$131to$174$174to$218$218to$261
202451722

Average Days to Sell

76

Typical Days to Sell

14 to 122

Days on the Market Distribution

The number of homes sold in each DOM range

5to5151to9797to143143to188188to234234to280
2024103112

Average Price Reduction

3%

Typical Price Reduction

0% to 3%

Price Reduction Distribution

Shows the number of homes within each price reduction bracket. If you were clothes shopping, this would be like counting how many shirts were on each of the various clearance racks (5%, 10%, etc.)

-7%to-6%-6%to-4%-4%to-2%-2%to-1%-1%to1%1%to3%3%to4%4%to6%6%to7%7%to9%9%to11%11%to12%12%to14%14%to16%16%to17%17%to19%19%to20%20%to22%22%to24%24%to25%
20241133331113212

Average Discount from Original List

2%

Typical Sold Discount from Original List

0% to 3%

Discounts Distribution - From Initial List Price

Number of homes sold from each discount rack

-7%to-4%-4%to-1%-1%to2%2%to5%5%to8%8%to11%
2024115622

Average Discount from Last List

1%

Typical Sold Discount from Last List

0% to 3%

Negotiated Disocunts from Final List Price

The percentage difference between final list price and closed price, distributed

-2%to-1%-1%to0%0%to2%2%to3%3%to4%4%to5%
2024171323

About Our Data

All analysis, rankings, ratings, and throughout this site are generated by us here at Icon Real Estate. All raw data comes from the Houston Association of Realtors (HAR, HRIS) – but you're not viewing raw data. We track, categorize, analyze, and rank everything from zip codes to school zones based on geographic (boundary) data that is either (a) provided by local jurisdictions, (b) purchased from third-party sources, or (c) hand-drawn by our team.

Builder statistics rely heavily on our local knowledge and familiarity with the marketing (listing) practices of major local builders. It's not an exact science, but we're pretty accurate in assigning listings to the correct builder. We leverage a bit of AI in that process as well.

It's all good stuff, and we're pretty confident you'll find it useful. But just FYI - no warranties or guarantees. Let us know if you're looking for something you don't see here.