Sales in the 77396 zip code market fell to 20 homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with 11 price reductions in the same time frame. As might be expected, as the number of sellers reducing price trended lower, the median sales price continued to rise, trending upwards for four weeks to reach $187,900. The 77396 zip code is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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