Aug 29, 2013
Katy growth spreading north and west
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...
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:
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Katy Oaks, a 171-home development, broke ground in May 2013 on 58 acres near the intersection of Morton Ranch Rd. and Porter Rd.
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Cane Island, a 1,000-acre community, is planned to have 2,000 homes on the Waller side of Harris/Waller County.
| 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
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