Home sales in the 77066 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 10.7% to 25 homes sold over the last 30 days. In comparison, the nearby 77429 zip code had 115 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 77066 zip code, and for this period the median sales price slid from $157,500 to $155,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 77066 zip code is a seller's market.
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