A six-week upward trend continued after the 76040 zip code market recorded 25 home sales over the last 30 days. However, a record low 18 new listings came on, the fewest since last January. In comparison, the 76012 zip code had 23 new listings in the same time frame, the most of all nearby zip codes. The median sales price dropped to $239,000 over the latest reporting period for the 76040 zip code, down from $239,250. There are only three months of inventory available in the 76040 zip code, and combined with shrinking sales numbers, it's a seller's market.
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