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