$119K  
With a determined downward trend of new sellers listing homes, including zero over the last 30 days, and sales that remained flat at one in that same time frame, the 75416 zip code market will be cooling. While new listing numbers fell, prices dropped as well. This week's reported median sales price of $12,900 continued a four-week downward trend. With prices falling, the availability of seven months of inventory means that the 75416 zip code is a strong buyer's market.
Comments:

$259K  
The 75416 zip code market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at one. Months of inventory were further reduced to eight, extending a downward trend to four weeks. With decreasing sales and the availability of so much inventory, the 75416 zip code is a definite buyer's market.
Comments:

$259K  
Over the last 30 days, sales in the 75416 zip code market fell to one. However, the number of pending transactions continued to improve, reaching a total of one during the same period. The median sales price dropped dramatically to $12,900 over the latest reporting period for the 75416 zip code, down from $65,900.
Comments:

$119K  
Sales stayed firm at two homes sold over the last 30 days in the 75416 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to zero for the same period. Potential buyers should note that there are now four months of inventory available in the 75416 zip code and prices have come down. The median sales price dropped to $65,900.
Comments:

$259K  
With two homes sold in the 75416 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $67,650 this week.
Comments:

$259K  
The population of the 75416 zip code is less affluent than average compared to others in Texas with a median income of $35,734 per household. It's also considered an average zip code in terms of affordability with a cost of living adjustment score of 86.6. The 75416 zip code is made up of homes that are considered relatively old with a median of 29 years.
Comments:

$119K  
The number of homes coming into the 75416 zip code market shrank to zero listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price in the 75416 zip code stayed flat at $67,650 while months of inventory was flat at four.
Comments:

$119K  
The 75416 zip code market may be experiencing an extended pullback but sales stood their ground this week at one home sold over the last 30 days. Perhaps due to the sales numbers, months of inventory is on a four-week upswing, this week hitting 10 months. The downturn in sales and such a large amount of inventory prove that the 75416 zip code is still a definite buyer's market.
Comments:

$119K  
Over the past 30 days, there have been fewer price cuts in the 75416 zip code market, continuing a six-week declining trend to land at zero. However, home sales remained flat with one over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices are coming down in the 75416 zip code, and for this period the median sales price slid from $45,000 to $16,400. The 75416 zip code is a solid buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$259K  
With one home sold in the 75416 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with two new listings for buyers to choose from. Pricing in the 75416 zip code remains consistent from last week to this week, with the median sales price at $45,000 again. The 75416 zip code is a solid buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:
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