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November 29, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Cinco Ranch in Katy, Texas

Reported by Gayle Daniel, ABR, CRS, GRI, e-PRO 500

Updated October 13, 2009.

Current Market Rating: 3




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5
Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Cinco Ranch in Katy, Texas opened over 14 years ago and is still one of the most sought after areas in Houston today. Amenities include a beach club and swim lagoon, neighborhood pool complexes, parks, picnic and basketball areas and the Golf Club at Cinco Ranch.

At Cinco Ranch, Newland Communities is constantly striving to offer home buyers the broadest array of new homes by leading builders, at prices from the $170,000s to over $1 million. Resales range from mid $100's up.

In the month of September, there were 253 new listings at the average list price of $291,163; 258 pending homes at the average list price of $262,959; and 176 closed at the average close price of $258,148 with 56 average days on the market and a CP/LP difference of 95.43%.

The average price per sq. ft. asking price is about $112.87. Currently, a 1840 sq.ft. 3 bedroom, 2 bath house is being offered at $169,600 and a 6,663 sq. ft. 6 bedroom, 6 full and 3 half bath home at $1,295,000.

Katy ISD is one of the top school districts in the state of Texas. They boast some of the highest test scores in all grades.

Cinco Ranch is located on the Grand Parkway between Hwy. 59 and I-10. This is one of the fastest growing areas in the Houston area. Being a planned development community, Cinco Ranch has it all!

The time to buy is NOW. Call GAYLE for more details 281.207.5052 or gayle@gayledaniel.com.

ZIP Codes: 77450, 77494

Approximate Location Boundaries: Cinco Ranch is located off Grand Parkway between Highway 59 and I-10.

Location Characteristics: Cinco Ranch is one of the fastest growing areas in the Houston area. Being a planned development community, Cinco Ranch has it all! Builders including Beazer, Lennar, Village Builders, Perry Homes, Brighton Homes, J. Patrick Homes, Highland Homes call Cinco Ranch home with prices ranging from the low $100's to over $1 million.

For More Information:

View Market Conditions of other areas served by Gayle Daniel

Navigate: Top > Texas > Katy > Cinco Ranch

About Gayle Daniel:
Gayle Daniel
RE/MAX Southwest
"Making a Difference One House At A Time"

Licensed since 1993, Gayle has helped hundreds of people realize the American dream of owning a home. Gayle's real estate designations include:
ABR - Accredited Buyer Representative
CRS - Certified Residential Specialist
GRI - Graduate of the Realtor Institute
LTG - Leadership Training Graduate
e-PRO 500 - Internet Professional

So what does all this mean to YOU?
* A faster, easier transaction
* The most money for your home
* Less money out of your pocket

Gayle specializes in the Southwest Houston Area from Katy south thru Sugar Land and west to Pearland.
Gayle also specializes in the Lake Conroe area.

Here's what some of her clients have to say about Gayle:
"We never could have made this move without Gayle. Her attention to detail made this our smothest move ever."

"Gayle's professionalism and integrity in this transaction saved us time and made us money. Thanks Gayle"

"From our first contact with Gayle we knew we could trust her to sell our home for the most money in the fastest time possible. She did just that"

You deserve the very best - Call GAYLE today
281.207.5052 or gayle@gayledaniel.com



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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