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Bob is always looking for news about Katy Texas and the surrounding areas. Please e-mail me at bobgilbert2003@msn.com with any news you may feel needs a forum!
Seven Meadows Katy TX Homes for sale as of June 14, 2013

Seven Meadows Katy TX Homes for sale as of June 14, 2013



There are only 22 Seven Meadows homes in Katy Texas for sale through the Houston Association of Realtors®, Multiple Listing Service (MLS), as of June 14, 2013. Typically at this time of the year there are at least 40 or more homes available for sale. Right now none of the homes involve a lender. There are 5 homes that have pools in the backyard with the lowest price point being $350,000 for a 3 bedroom home. The median list price per sq. ft. is $118.59. Similar to Grand Lakes this is a high number which reflects the very tight market conditions which exist right now in Seven Meadows. Typically the discount from list in Seven Meadows is about 3 % or more but right now it is approximately 2 %. Prices range from a low of $209,900 up to a high of $874,900. The median list price is $349,900.

 



There are no great deals waiting for a buyer to come along to discover in Seven Meadows, Grand Lakes or for that matter in all of South Katy being MLS area 36. If you want to live in this wonderful neighborhood you need to take action immediately.



There are 22 homes under contract right now. My guess is that virtually all if not all of these homes will close. Eight out of 22 homes under contract have a pool in the back yard. I mention the pool situation as many folks relocating from cold weather areas sometimes promise their children that their new home in Katy Texas will have a pool. I understand prices to build a pool these days are very high versus what we paid several years ago for our pool.



Below is a chart listing the number of homes for sale by price range and showing number of bedrooms and number homes with pools.  

 

DOLLAR

#

Lender

 

PRICE POINTS

HOMES

3 BED

4BED

>= 5BED

POOL

200,000 - 250,000

3

2

1

250,000 - 300,000

5

5

300,000 - 350,000

4

2

2

350,000 - 400,000

2

1

1

 400,000- 500,000

2

2

2

> 500,000

5

2

3

3

TOTAL

21

5

 

13

 

3

5

Under Contract

22

8

Median List price/SQ.FT.

$118.59

Median Days on market Active

17

Approx. Months of Inventory

2.1

Published Tuesday, June 18, 2013 3:48 PM by Bob Gilbert

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