The 77340 zip code market remained soft with five homes sold in the last 30 days, a 37.5% sales drop. On the other hand, the close-by 77356 zip code registered 20 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $172,500 over the latest reporting period for the 77340 zip code, down from $204,750. The 77340 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.
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