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Market Trends 2012 Update for Current Homes Available in Grand Lakes Katy Texas
 
 
Market Trends 2012 Update for Current Homes Available in Grand Lakes Katy Texas
What is happening in Grand Lakes Real Estate Market?
The Real Estate market in South Katy Texas (MLS area 36) is basically defined by what occurs in the numerous Master Planned Communities which are scattered across the whole area. I have written several detail market reports about Grand Lakes in the past with the last on being a December 2011 Year to Date report which you can see right here.  
 
The Chart is showing current listings of homes for sale in Grand Lakes in Katy Texas by price point ranges during March, 2012.             
 
As shown there are 41 homes currently available in Grand Lakes with only 1 home or 2.4 % of the total being classified as Distressed (Foreclosure or Short Sale). The Distressed Homes are not having any significant impact on the market in Grand Lakes or for that matter a vast majority of the submarkets in Katy Texas. Since January 2012, there has been a slight increase in available homes by 2 homes or 5.1 %. However, there has been a decrease of 6 homes priced at less than $300 ... more

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