$114K  
The Hico market saw zero homes go under contract, and failed to break out of a determined downward trend. The market had total home sales of one over the last 30 days, maintaining last week's pace. The median sales price in Hico stayed put this week at $44,900. Hico is a definite buyer's market, due to a downward trend in contracts numbers and 14 months of inventory remaining.
Comments:

$114K  
The Hico market picked up this week with one home sold over the last 30 days. To put it in perspective, close-by Stephenville registered 19 homes sold in the same time frame, the most of all surrounding cities. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning Hico is still a definite buyer's market.
Comments:

$214K  
Typically, Hico accounts for 1.8 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
Comments:

Over the last 30 days, the Hico market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. Pricing in Hico remains consistent from last week to this week, with the median sales price at $26,500 again.
Comments:

Hico is a small city in Texas, and is less affluent than average with a median income of $33,699 per household. It's younger than the rest of the state, with a median age of 40. It should be noted that at 54.1%, most people own their homes in Hico. The top school in the city is Hico Elementary School.
Comments:

With one home sold in the Hico 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. The median sales price remained unchanged over the latest reporting period for Hico, coming in at $26,500. Hico is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
Comments:

The Hico market broke below its 12-month average sales volume this week as sales fell 50.0% to hit one home sold over the last 30 days. In comparison, nearby Granbury had 28 sales in the same time frame, the most of all neighboring cities. The median sales price tumbled to $26,500, down from last week's $53,200. Along with the slip in sales, a relatively high seven months of inventory indicates that Hico is a solid buyer's market.
Comments:

Over the last 30 days, the Hico market showed gains with two homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, close-by Granbury reported 24 home sales, the highest number from all the surrounding cities. Prices are coming down in Hico, as the median sales price tumbled to $53,200, while months of inventory also plummeted to four.
Comments:

The Hico market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price of all transactions in Hico did not budge this week, remaining at $79,900. With no movement in sales and the availability of eight months of inventory, Hico is a strong buyer's market.
Comments:

Hico is an average-sized city in Texas with 1,379 residents. Its population is growing slower than the rest of the state, at a 10-year growth rate of -0.2%. The Hico market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Hico Elementary School.
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