Katy growth spreading north and westKaty growth spreading north and westhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=64782013-08-29T15:07:00Z2013-08-29T11:00:00Z

KATY - Area expansion has been associated with the region south of I-10, but with the continuing development north and west of the Katy area, the region’s growth is becoming increasingly widely distributed.

Some planned communities include:

  • Katy Oaks, a 171-home development, broke ground in May 2013 on 58 acres near the intersection of Morton Ranch Rd. and Porter Rd.
  • Cane Island, a 1,000-acre community, is planned to have 2,000 homes on the Waller side of Harris/Waller County.
Katy Area North of I-10 Home Statistics
  July 2012 July 2013
Number of sales 281 317
Average price $169,304 $169,281
Median price $132,500 $139,500
Price per sf $70 $74
New listings 341 425
Active listings 915 605
Days on market 76 45
Months of inventory 3.9 2.2

Source: Houston Association of Realtors

Houston Community Newspapers
Houston-The Woodlands-Sugar Land
http://www.yourhoustonnews.com/ranch/news/katy-area-growth-spreading-north-and-west/article_625b11c4-101d-11e3-af91-0019bb2963f4.htmlRead more at {Source}

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