Sales in the 76010 zip code market remained level with 26 homes sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with 10 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. A months of inventory number of one reported this week continued a four-week downward trend, to go along with the weak number of price reductions in the area. Despite the slip in sales from last week to this week, the low inventory indicates that the 76010 zip code is still a solid seller's market.
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