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May 02, 2008

Solid April Sales Numbers For Cinco Ranch, Seven Meadows & Grand Lakes, Katy Texas

These master planned communities in South Katy continued to post good sales numbers for April 2008.  Cinco Ranch rebounded from a slow March, while Grand Lakes and Seven Meadows showed modest price gains.  Prices for the three communities averaged approximately $100 per square foot for the month of April.

The market continues to remain more challenging for sellers with ample supply and generous incentives from builders for new construction.  The Cinco Ranch Model park is now open, and Cross Creek Ranch will begin selling in a matter of days.

For more information about real estate and mortgage issues in Katy or West Houston contact Aaron Layman.  He is a licensed real estate broker and mortgage broker.  You can contact him directly at 281-994-5190.  You can also visit him on the web at www.AaronLayman.com.

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