Cato currently has 3 single family homes for sale with an average list price of $334,633 and 1 lot for sale with a list price of $300,000. The average annual property tax for Cato is $3,500.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Cato, i.e. what's hot and what's not. See What's Hot & What's Not in Cato
Cato home sales for the month of June stayed the same in volume when compared to last year, while the median sale price rose by 105.5% from $275,000 to $565,000. House sales stayed the same, while the median sale price rose by 105.5% from $275,000 to $565,000.
14
|
8
|
12
|
8
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$250,500
|
$242,500
|
$320,000
|
$287,500
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |