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 $1,570,732 shaved off original asks.
The largest percentage cut: 1402 East, now $679,000 after a 24.6% reduction from $900,000. The biggest dollar cut went to 29315 Stockdick. $500,001 off the original ask.
4 of the 12 were originally over $1M. the high end is where pricing pressure is concentrated right now. Geographically, Sunterra leads. 2 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.
- <$250k11%
- $250 to 500k4971%
- $500 to 750k69%
- $750k to 1M46%
- $1M+913%
Ranked by percentage cut.
- 1
$679,000▼ 24.6%$221,000 off1402 EastKaty, TX2 beds · 1 bath · 1,652 sq ft· 500 days on marketGraham&Company Realty Group - 2
$348,469▼ 14.8%$60,731 off7807 Cattail ShallowsKaty, TX3 beds · 3 baths · 1,979 sq ft· 20 days on marketeXp Realty LLC - 3
$319,000▼ 11.1%$40,000 off19214 Terra ForestKaty, TX3 beds · 3 baths · 2,350 sq ft· 408 days on marketHomeSmart - 4
$3,999,999▼ 11.1%$500,001 off29315 StockdickKaty, TX6 beds · 5 baths · 6,261 sq ft· 241 days on marketeXp Realty, LLC - 5
$295,000▼ 9.2%$30,000 off24530 Carlo HueKaty, TX4 beds · 3 baths · 1,955 sq ft· 141 days on marketPossible Real Estate Services - 6
$1,500,000▼ 9.1%$150,000 off25730 BeckendorffKaty, TX3 beds · 2 baths · 2,615 sq ft· 47 days on marketRE/MAX Grand - 7
$228,000▼ 8.4%$21,000 off5314 NottinghamKaty, TX2 beds · 2 baths · 1,100 sq ft· 266 days on marketRealty One Group Optima - 8
$2,750,000▼ 8.3%$250,000 off5614 PittsKaty, TX6 beds · 4 baths · 2,260 sq ft· 180 days on marketKeller Williams Memorial - 9
$808,000▼ 6.9%$60,000 off2834 Hollingsworth PineKaty, TX4 beds · 4 baths · 4,316 sq ft· 157 days on marketFidelity Realtors and Services - 10
$3,600,000▼ 5.3%$200,000 off6430 & 6440 Katy HockleyKaty, TX5 beds · 3 baths · 1,812 sq ft· 21 days on marketHarrison Kane, Broker - 11
$340,000▼ 5.0%$18,000 off756 Lake Lacosta DrKaty, TX3 beds · 3 baths · 2,076 sq ft· 12 days on marketTexas Signature Realty - 12
$389,447▼ 4.9%$20,000 off27014 Costa CreekKaty, TX4 beds · 3 baths · 2,294 sq ft· 7 days on marketeXp Realty LLC
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