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Market Trends 2012 Update for Current Homes Available in Firethorne Katy Texas
 
Market Trends 2012 Update for Current Homes Available in Firethorne Katy Texas
What is happening in the Firethorne 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 Firethorne 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 Firethorne in Katy Texas by price point ranges during March, 2012.             
As shown above there are 67 homes currently available in Firethorne with only 1 home or 1.5 % of the total being classified as Distressed (Foreclosure or Short Sale). The Distressed Homes are not having any significant impact on the market in Firethorne or for that matter a vast majority of the submarkets in Katy Texas. My report for Grand Lakes had the same observation. Since January 2012, there has been a increase in available homes by 17 homes or 34 %. The new home builders recently opened a section east of highway 1463 ... more

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