Katy sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Katy sellers are blinking. 12 active listings cut their asking price, totaling $556,373 shaved off original asks.
The largest percentage cut: 7439 Fraser Peak, now $499,235 after a 13.6% reduction from $577,764. The biggest dollar cut went to 3806 Texas Redbud. $87,000 off the original ask.
2 of the 12 were originally over $1M. the high end is where pricing pressure is concentrated right now. Geographically, Elyson leads. 5 of the 12 cuts came from there.
For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.
How Katy prices break down right now.
- <$250k934%
- $250 to 500k1,50064%
- $500 to 750k47720%
- $750k to 1M1527%
- $1M+1085%
Ranked by percentage cut.
- 1
$499,235▼ 13.6%$78,529 off7439 Fraser PeakKaty, TX5 beds · 4 baths · 2,776 sq ft· 1 days on marketNewmark Homes - 2
$549,922▼ 12.7%$80,037 off5538 Bermuda SandsKaty, TX4 beds · 4 baths · 3,000 sq ft· 1 days on marketWestin Homes - 3
$649,333▼ 11.5%$84,000 off25426 Schmidt DrKaty, TX4 beds · 4 baths · 3,017 sq ft· 3 days on marketNewmark Homes - 4
$748,758▼ 10.4%$87,000 off3806 Texas RedbudKaty, TX5 beds · 5 baths · 3,792 sq ft· 4 days on marketNewmark Homes - 5
$449,608▼ 8.3%$40,797 off24954 Vervain MeadowKaty, TX4 beds · 4 baths · 2,425 sq ft· 1 days on marketWestin Homes - 6
$991,212▼ 6.6%$70,000 off7114 Quaker MeadowsKaty, TX5 beds · 6 baths · 4,513 sq ft· 3 days on marketNewmark Homes - 7
$997,740▼ 5.7%$60,000 off7123 Sadie HighlandsKaty, TX5 beds · 6 baths · 4,804 sq ft· 3 days on marketNewmark Homes - 8
$949,553▼ 3.4%$33,000 off7127 Sadie HighlandsKaty, TX5 beds · 6 baths · 4,095 sq ft· 3 days on marketNewmark Homes - 9
$419,990▼ 3.3%$14,310 off23618 Red RowanKaty, TX4 beds · 3 baths · 2,168 sq ft· 4 days on marketAshton Woods - 10
$263,190▼ 1.8%$4,800 off3063 HuntersvilleKaty, TX4 beds · 2 baths · 1,776 sq ft· 1 days on marketMarti Realty Group - 11
$323,990▼ 1.0%$3,400 off3510 Lovebird LaneKaty, TX3 beds · 3 baths · 1,913 sq ft· 1 days on marketD.R. Horton-Texas, LTD - 12
$340,990▼ 0.1%$500 off3519 Goldfinch Woods DriveKaty, TX4 beds · 3 baths · 2,275 sq ft· 1 days on marketD.R. Horton-Texas, LTD
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