$150K  
The 76255 zip code market broke below its 12-month average sales volume this week as sales slid 66.7% to hit two homes sold over the last 30 days. On the other hand, the close-by 76240 zip code registered 28 homes sold in the same period, the most of all surrounding zip codes. The median sales price remained unchanged over the latest reporting period for the 76255 zip code, coming in at $100,500. The 76255 zip code is a definite buyer's market, thanks to a big 42 months of inventory to choose from and a pullback in sales.
Comments:

$449K  
With a confirmed downward trend of new sellers listing homes, including seven over the last 30 days, and sales that fell to six in that same time frame, the 76255 zip code market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices are coming down in the 76255 zip code, and for this period the median sales price slid from $116,000 to $100,500. Along with the slip in sales, a relatively high 14 months of inventory indicates that the 76255 zip code is a definite buyer's market.
Comments:

$150K  
The 76255 zip code market made gains this week as sales rose 16.7% to hit seven homes sold over the last 30 days. Within the same time frame, the 76234 zip code had 25 sales, the most of all zip codes in the area. The median sales price climbed to $116,000 over the latest reporting period for the 76255 zip code, up from $99,450. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 76255 zip code is still a solid buyer's market.
Comments:

$130K  
Sales dropped to six homes sold in the 76255 zip code market over the last 30 days. Furthermore, an established downturn in the number of pending transactions continued, with two completed in the same period. The median sales price dropped to $99,450, down from last week's $127,450. The 76255 zip code is a definite buyer's market with 14 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$449K  
76255 is an average-sized zip code in Texas with 5,510 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of -0.4%. The 76255 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the zip code is Prairie Valley High School.
Comments:

$130K  
Over the past 30 days, there have been fewer price cuts in the 76255 zip code market, continuing a six-week declining trend to land at six. However, home sales were up to seven over the same period. Potential buyers should note that prices are coming down in the 76255 zip code, and for this period the median sales price slid from $165,000 to $125,000. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 76255 zip code is still a strong buyer's market.
Comments:

$110K  
Over the last 30 days, four homes were sold in the 76255 zip code market, holding even with last week's numbers. However, the market is still in a solid downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price rose to $194,100, up from last week's $172,500. With a downward trend in sales numbers and 22 months of inventory still left to work through, the 76255 zip code is a strong buyer's market.
Comments:

$174K  
Sales fell in the 76255 zip code market to four homes sold over the last 30 days. It's also under a recent downward trend in the number of contracts closing, with this week's number falling to two. While contracts were soft, months of inventory hit 22, extending an upward trend to four weeks. The 76255 zip code is still a definite buyer's market, based on the large amount of inventory to choose from and the downturn in contracts.
Comments:

$3.4M  
Sales in the 76255 zip code market rose to five homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with seven price reductions in the same time frame. While price reduction numbers dropped, sale prices were able to climb. This week's reported median sales price of $165,000 continued a four-week upswing. The 76255 zip code is still a strong buyer's market, in spite of the rise in prices, thanks to the availability of 18 months of remaining inventory.
Comments:

$110K  
A three-week rough patch for the overall sales trend continues in the 76255 zip code market, with number of sales staying even at three over the last 30 days. The median sales price of all transactions in the 76255 zip code did not budge this week, remaining at $180,000. A downturn in sales, coupled with the availability of 30 months of inventory, prove that the 76255 zip code is a definite buyer's market.
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