The 77807 zip code market showed positive signs this week as sales rocketed 66.7% to hit five homes sold over the last 30 days. In comparison, the nearby 77845 zip code had five sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 77807 zip code, and for this period the median sales price slid from $524,900 to $209,900. Despite the uptick in sales, there are still 16 months of inventory left to work through, meaning the 77807 zip code is still a solid buyer's market.
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