January 2017 Falcon Landing Katy, TX real estate market report

In January 2017: Falcon Landing had 7 homes listed on the market, 6 of which are still active or pending.

The one that sold spent 4 days on market; the average days on market of the remaining active homes is 56.

The average list price per sq ft is $107.71; and homes sold within 2% of their list price.

A months of inventory report shows Falcon Landing at 2.5; Months of Inventory estimates the number of months it will take to deplete current active inventory based on the prior 12 months sales activity. This indicates that it is a seller’s market in Falcon Landing.

How does this compare to January 2016?  Can you believe it? There were no homes sold in Falcon Landing in January of 2016. However, there were some February sales, so stay tuned next month for a year over year comparison!

NOTE: due to incorrect subdivision input by agents into the MLS this data may contain a few outliers from the subdivision that may affect the data slightly.