New Weakening in Contracts for Whitewright Real Estate Market

Over the last 30 days, the Whitewright market was steady and saw five homes sold. However, the number of pending transactions continued to decline, with a total of two transactions during the same period. Pricing in Whitewright remains consistent from last week to this week, with the median sales price at $39,500 again. With only one month of inventory to sell, Whitewright is a still definite seller's market, even after taking into consideration the falling contracts numbers.

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$149K  

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Demographic facts about Whitewright:

  • The median value of all homes is $74,200.
  • Average number of rainy days is 66 per year. (U.S. average: 100)
  • The area's unemployment rate is 8.0%.
  • The student-to-teacher ratio is 12.1:1. (15.3:1 = national average)

Data reported through 10/19/2016

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