Home sales in the 77407 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 9.9% to 82 homes sold over the last 30 days. On the other hand, the close-by 77494 zip code registered 167 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $249,000, up from last week's $245,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 77407 zip code is a seller's market.
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