>The Katy/Cinco Ranch Area was Number 3 on the Houston Hotness Index for May 2008 because 15.1% of all active listings went under contract during that one month.

>The area has experienced 1,004 homes sales YTD or a 9.47% decline over May YTD 2007.
 
>There has been a 2.91% increase in average sales price, which currently stands at $244,439.  The median sales price where half the homes sold above and half sold below is $212,000 and that is 4.48% greater than this time last year.

>The Katy / Cinco Ranch area has experienced an 11.21% decline in pending sales for a total of 792 YTD. 

>There has been an increase in homes on the market as the area experienced 33.29% more listings. There are currently 1,009 homes on the market and last year there were 757.