The 77040 zip code market remained sluggish this week as sales slid 40.0% to land at nine homes sold over the last 30 days. On the other hand, the close-by 77084 zip code registered 29 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $225,000, which extended a price upswing to four weeks. With decreasing sales and the availability of nine months of inventory, the 77040 zip code is a definite buyer's market.
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