The number of sellers reducing prices in the 77045 zip code market trended up to six over the last 30 days, extending a three-week streak. During the same period, nine sales were completed. While price reduction numbers were strong, the median sales price of homes sold came in at $104,000, which extended a downward swing in price to eight weeks. With only two months of inventory and rising sales, the 77045 zip code is a solid seller's market.
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