Sales have inched up to five homes sold over the last 30 days in the 77488 zip code market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to seven for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 77488 zip code, and this period the median price of all sales fell from $105,600 to $96,200. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 77488 zip code is a seller's market.
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