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Market Trends 2012 Update for Home Sales in South Katy Cinco Ranch West
Market Trends 2012 Update for Home Sales in South Katy Cinco Ranch West
What is happening in Cinco Ranch West Real Estate Market in terms of actual sales during 2012?
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 this whole geographically large area. I have written several detail market reports about some of these local master planned communities in the past but not for Cinco Ranch. The problem with Cinco Ranch is that there are numerous separate neighborhoods covering a very large geographical area which comprise Cinco Ranch. These separate neighborhoods lose their individual identity in the MLS recording system. The MLS system was revised last year and we can now run reports for Cinco Ranch West (West of Highway 99) which includes all the new construction going on in Cinco Ranch area and other neighborhoods added during say the last 5 years.
The Chart below is showing homes sold in Cinco Ranch in Katy Texas by price point ranges during the first two months of 2012 versus the same period for 2011.   
As we ... more

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