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Houston Association of Realtors January 2009 Sales Statistics
Rarely do I report on the overall statistics of Houston real estate—those provided by the Houston Association of Realtors and released monthly to the press as they were this week.
These facts and figures don’t reflect our Katy real estate market. Recently, HAR reports have cast a dark and dire shadow over home sales in general. I don’t doubt that HAR uses accurate averages but Katy real estate is not in an “average” part of town. There is nothing “average” about the place we call home!
Each Katy neighborhood is different and produces its own statistics. This is why I strongly encourage my readers to contact me personally to receive accurate data for their individual residences or other Katy real estate. Whether or not Read the rest of this entry »
Spoken by Julie Q. Fuelling |
Despite doomsday media reports, Katy home sales, particularly those south of I-10, are occurring at a healthy economic rate. Let’s look at the facts and figures by comparing December 2007 sales to December 2008. As you will see there is a negligible difference in the numbers.
- In December 2007, there were 133 pending sales; this is the exact same number as in December 2008.
- There were 212 actual sales in the month of December 2007 and 199 in December 2008.
- In December 2007, there were 810 houses on the market. Last month, there were 891 houses for sale.
- Monthly inventory describes how long it would take to sell the current inventory if not another house was put on the market. In December 2007 there was a 3.3 month inventory. The most current figures are 3.9 months to sell all the existing inventory.
For more information about Katy area homes, you can search the entire Houston MLS from this blog. For questions or to tour any area homes, contact me directly at 713-818-2404. I have specialized in Katy real estate for over 20 years. Experience does count!
Spoken by Julie Q. Fuelling |
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