New Weakness in Price Cuts for 76890 Zip Code Real Estate Market

Over the past 30 days, there have been fewer price cuts in the 76890 zip code market, continuing a three-week declining trend to land at two. However, home sales were up to two over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 76890 zip code is still a definite buyer's market.

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Demographic facts for the 76890 zip code:

  • There are 17.1% vacant homes here.
  • The area gets 243 sunny days a year. (U.S. average: 205)
  • The average school expenditure per student is $5,363. ($5,691 = national average)

Data reported through 10/12/2016

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