Over the last 30 days, an emerging upward trend of new sellers coming into the 75847 zip code market continued, with zero listings in this week's report. Meanwhile, sales remained flat, with one home selling during the same period. A months of inventory number of zero reported this week continued a four-week downward trend, even with the strong number of new listings in the area.
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The 75847 zip code market was active in this week's report, as the number of sales went up to one home sold over the last 30 days. At the same time, the 75862 zip code reported eight home sales, the highest number from all the surrounding zip codes.
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Sellers in the 75847 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 75847 zip code usually averages 0.2 sales per month.
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The 75847 zip code market was quiet this week and reported zero home sales over the last 30 days. The 75847 zip code usually averages 0.2 sales per month.
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75847 is a smaller-than-average zip code in Texas with 1,809 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of 10.1%. The 75847 zip code is an area where most people own their homes, with an ownership ratio of 61.4%. Heading the list of top schools in the zip code is Kennard Elementary School.
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The 75847 zip code market was quiet this week and reported zero home sales over the last 30 days. The 75847 zip code usually averages 0.2 sales per month.
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Sellers in the 75847 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 75847 zip code usually averages 0.2 sales per month.
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With one home sold in the 75847 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. Prices were able to climb as this week's reported median sales price of $31,000 continued a four-week upswing. In spite of the decrease in sales, the lack of inventory signals that the 75847 zip code is still a solid seller's market.
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The number of homes coming into the 75847 zip code market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price in the 75847 zip code stayed put this week at $31,000. There is only one month of inventory available in the 75847 zip code, so it's a definite seller's market, even if sales are flat.
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The 75847 zip code market saw zero homes go under contract, and failed to break out of a solid downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. Pricing in the 75847 zip code remains consistent from last week to this week, with the median sales price at $31,000 again. There is only one month of inventory available in the 75847 zip code, so it's still strong seller's market, even with the shrinking contracts numbers.
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