June

Dear Neighbor, 

When you’re thinking about selling to simplify life and capitalize on the equity you’ve built, you know it’s a big decision. There is a lot at stake when selling your longtime home, so of course you deserve expert guidance while preparing to sell what is likely one of your largest assets. 

You’ve worked hard to build equity in your home, and you want to fully understand the value of your assets in today’s real estate market. Here are the top three things you need to know about our current real estate market in Katy, Texas: 

Interest Rates Remain Elevated. Strategic Positioning Matters

Interest rates have stayed elevated and are expected to remain so for much of 2025, with only gradual changes anticipated. What does this mean for you as a homeowner thinking of selling? A well-executed plan to position your home as “best in class” continues to be the most effective way to attract serious buyers. As more buyers re-enter the market in response to shifting conditions, having a clear strategy that accounts for your current home’s costs, future property goals, and overall timeline is essential to securing the best possible terms.

Inventory Is Up, but Demand Remains. Here’s How to Compete

Katy now has 3.4 months of housing inventory, up from 2.5 months in May 2024—signaling a shift toward a more balanced market. While demand continues to hold strong, elevated price points have naturally tempered the speed of sales. That’s why preparing, pricing, and positioning your home to shine as “best in class” is more important than ever. With the right strategy, sellers are still securing strong offers and favorable terms without relying on price reductions or raising buyer concerns. In today’s evolving market, strategic planning isn’t just helpful, it’s essential to getting results.

Median Sale Price in Katy Sees a Shift. Here’s What Sellers Should Know

In May, the median sale price in Katy was $341,000, a 14.8% adjustment from $400,000 in May 2024. While this reflects a shift in the market, it also signals opportunity. Inventory has increased, yet pricing remains relatively steady overall, highlighting the continued demand for homes in our area. In a dynamic market like this, expert guidance is more valuable than ever. Strategically preparing, pricing, and positioning your home can help you stand out, attract serious buyers, and avoid costly missteps.

As a homeowner, what does this mean for you? 

If you’re thinking about selling in the next 12 months, now is the time to start preparing for market. 

When you work with me, I make it a point to ensure that you feel comfortable and confident throughout your entire home sale. You want to feel certain that you have an agent who can calmly and proactively address any concerns that can show up during your home sale. To make sure we maximize your results, I will determine how best to prepare your home to increase its value to buyers and competitively price and position it on the market. 

My commitment to excellence, creative problem-solving, and strategic negotiations is just a few reasons why my clients have trusted me with over $25 million sold in the Katy area. My process works, and I make it a seamless, simple experience for you. 

If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation → 225-368-5816 

 

We will cover your goals and my unique approach to getting you the highest possible price in the fewest days on the market. 

Call Today → 225-368-5816 

Cameron Balkom REALTOR
License # 0722810
Coldwell Banker Realty
cameronbalkom.sites.cbmoxi.com/
Cameron.balkom@cbrealty.com
225-368-5816 

 

Katy Market Highlights 

Single-Family Home Stats 

June 2024 vs. June 2025 

Analysis 

Median Sale Price 

↓ Down 14.8%

Median sales price is now at $341,000, down 14.8% from $400,000 in May 2024. When you price correctly from day one, you can maximize offers and ultimately sell for the highest possible price as quickly as possible. 

Median Days on Market 

↑ 5  days

Median days on market up, at 18 in May, the current high demand and low supply market are still holding strong for those who price strategically. 

Sale-to-List Price Ratio 

Steady

From 98.1% in May 2024 to 95.5% in May 2025, we are seeing a slight decrease likely due to some aggressive overpricing the market couldn’t sustain, resulting in price reductions and more time on the market. That’s exactly why having a strategic plan is so important. 
Price per Square Foot 

↑ Up 3.5% 

Demand in Katy is on the rise, and price per square foot is now at $178/ sq. ft. as of the end of May this year, as compared to $172/sq. ft. in 2024. This number has continued to inch up even with the pressures from inventory and demand, making it even more important to strike a balance when listing. 
Months of Inventory 

↑ Up 0.9 months 

We were at 2.5 in May 2024, compared to 3.4 at the end of May  2025.  As inventory levels rise, we will likely see days on market increase, making a strategic plan even more valuable for homeowners who want a more predictable path forward when selling. 

Source: Houston Association of Realtors. 

Looking Ahead

Here’s what we’ll be watching over the coming months: 

1. Are Interest Rates Dropping or Rising?

While mortgage rates are expected to stay elevated for the foreseeable future, home prices in 2025 are projected to rise at a steadier, more moderate pace. For buyers in Katy, this may bring slightly less urgency and fewer bidding wars, but competition still exists. Demand remains strong, and inventory is gradually improving. For sellers, this signals a stabilizing market where accurate pricing is more important than ever. Homes are still appreciating in value, just not at the breakneck speed we’ve seen in recent years.

2. Pricing & Positioning to Sell Successfully

With buyers adjusting to today’s rates and more homes hitting the market, it’s no longer just about listing, it’s about standing out. Sellers who succeed are those who treat their home like a product: staged thoughtfully, priced strategically, and marketed with intention. The right strategy doesn’t just attract offers, it attracts the right ones. I’m here to help you craft a plan that puts your home in the best possible light and gets you the results you want in this evolving market.

3. What to Expect When Selling Your Home

While the real estate market may shift, your success doesn’t have to. With the right preparation, you can list your home confidently. From strategic pricing to strong marketing and expert negotiation, every detail matters. Selling your home is one of the biggest financial decisions you’ll make having a knowledgeable advisor by your side can make all the difference in achieving a successful outcome, no matter the market.

 If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation → 225-368-5816 

 

October

Dear Neighbor,

When you’re thinking about selling to simplify life and capitalize on the equity you’ve built, you know it’s a big decision. There is a lot at stake when selling your longtime home, so of course you deserve expert guidance while preparing to sell what is likely one of your largest assets. 

You’ve worked hard to build equity in your home, and you want to fully understand the value of your assets in today’s real estate market. Here are the top three things you need to know about our current real estate market in Katy, Texas: 

Interest Rates are Dropping—and Competition is Expected to Increase

 Interest rates are predicted to continue to drop as we move closer to the end of the year. What does this mean for you as a homeowner thinking of selling? A strategic plan for positioning your home to be “best in class” will always be the winning strategy. We anticipate buyer competition to go up as interest rates go down, as buyers who were sitting on the fence jump back into the market. Weighing the pros and cons of carrying costs for your current home, values of your new property, and your own life timeline are exactly why having a strategic guide is so important so you can get the best possible terms for you. 

The Number of Homes for Sale is Approaching a Balanced Market 

Katy now has 3.4 months of inventory, up from 3 in September 2023, reaching a more balanced market. Rising price points have kept sales from the breakneck pace we’d typically assume from the high demand for our market, which makes preparing, pricing and positioning your home to be “best in class” even more important. Done correctly, you want to be negotiating on offers for the best possible terms, instead of overpricing and needing to face multiple price reductions, often leaving buyers wondering what’s wrong. Strategic planning is always a good idea—especially so in our current market. 

Median Sale Price is Up

In August, the median sale price was $370,000, up 5% from $352,000 last September. Even with the number of homes listed for sale going up, median price is still increasing, which speaks to the volume of demand. As interest rates are anticipated to fall and buyer competition is expected to go up, having a strategic plan for positioning your home as best as possible and working with an expert negotiator can make navigating the market chaos and transaction curveballs much smoother. 

As a homeowner, what does this mean for you? 

If you’re thinking about selling in the next 12 months, now is the time to start preparing for market. 

When you work with me, I make it a point to ensure that you feel comfortable and confident throughout your entire home sale. You want to feel certain that you have an agent who can calmly and proactively address any concerns that can show up during your home sale. To make sure we maximize your results, I will determine how best to prepare your home to increase its value to buyers and competitively price and position it on the market. 

My commitment to excellence, creative problem-solving, and strategic negotiations are just a few reasons why my clients have trusted me with over $20 million sold in the Katy area. My process works, and I make it a seamless, simple experience for you. 

If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation → 225-368-5816 

We will cover your goals and my unique approach to getting you the highest possible price in the fewest days on market. 

Call Today → 225-368-5816 

Cameron Balkom REALTOR
License # 0722810
Coldwell Banker Realty
cameronbalkom.sites.cbmoxi.com/
Cameron.balkom@cbrealty.com
225-368-5816 

Katy Market Highlights

Single-Family Home Stats 

September 2023 vs. September 2024 

Analysis 

Median Sale Price 

↑ Up 5%

Median sale price is now at $370,000 up 5% from $352,000 in September 2023. When you price correctly from day one, you can maximize offers and ultimately sell for the highest possible price as quickly as possible. 

Median Days on Market 

↑ 12 days

Median days on market is up but still low, at 28 in Septemberthe current high demand and low supply market are still holding strong for those who price strategically. 

Sale-to-List Price Ratio 

↓ Down 2%

From 98% in September 2023 to 96.0% in September 2024, we are seeing a slight decrease likely due to some aggressive overpricing the market couldn’t sustain, resulting in price reductions and more time on the market. That’s exactly why having a strategic plan is so important. 

Price per Square Foot 

↑ Up 5.8%

Demand in Katy is on the rise, and price per square foot is now at $180/sq. ft. as of the end of September this year, as compared to $170/sq. ft. in 2023. This number has continued to inch up even with the pressures from inventory and demand, making it even more important to strike a balance when listing. 

Months of Inventory 

↑ Up 0.4 months

We were at 3 in September 2023, compared to 3.4 at the end of September 2024—as inventory levels rise to a more balanced market, we will likely see days on market increase, making a strategic plan even more valuable for homeowners who want a more predictable path forward when selling. 

Source: Houston Association of Realtors. 

Looking Ahead  

Here’s what we’ll be watching over the coming months: 

  1. Interest Rates Dropping?

In the past few weeks, interest rates have been decreasing, and some expect this trend to continue. If it does, I anticipate that buyers who have been sitting on the fence will want to jump back into the market…increasing competition. And even if it doesn’t, demand in Katy has remained high even with rising prices and a bump in inventory.  

  1. Pricing and Positioning to Win (Even with Market Chaos)

The market is in flux—period. Rates have been up, now they have started coming down. Median sale price has been increasing, and even with inventory finally starting to come back up after years of very low numbers, sale prices are still inching higher. In today’s market, you need a strategic preparation, pricing and positioning plan to both play to win—and operate above the chaos with an expert guide at your side. As your go-to agent, I obviously don’t control the market, but with a strategic plan, we can position your home to be “best in class” so you can get the best possible results for your home. 

   3. What to Expect When Selling Your Home

The market consistently evolves–and you deserve to sell with the best possible terms, no matter what. The right marketing strategy, pricing knowledge, and negotiation power are what make the difference when you’re ready to sell your home and embark on what may be one of the largest financial transactions of your lifetime.  

If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation → 225-368-5816