New Growth Trend in New Listings for Buffalo Gap Real Estate Market

Over the last 30 days, a prolonged upward trend of new sellers coming into the Buffalo Gap market continued, with five listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. While new listing numbers rose, prices dropped. This week's reported median sales price of $119,900 continued a four-week downward trend. Buffalo Gap is a definite buyer's market, with a big 19 months of inventory to choose from coupled with falling prices.

Trying to find an affordable a home? Take a look at these low-priced listings in Buffalo Gap:

$167K   $220K   $235K  

Get started right now by checking out Buffalo Gap homes for sale or reviewing Buffalo Gap real estate trends.

Demographic facts for Buffalo Gap:

  • The average elevation in this area is 1,895 feet.
  • The median income for the homes in this area is $65,564.
  • For every counselor there are 339 students in this area. (513 = national average)

Data reported through 10/12/2016

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