$2.7M  
The 76550 zip code market stayed sluggish this week as sales slid 66.7% to land at one home sold over the last 30 days. On the other hand, the close-by 78642 zip code registered 19 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed during this period, hitting a three-month high at $272,000. The 76550 zip code is a definite buyer's market, thanks to a big 21 months of inventory to choose from and a pullback in sales.
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$375K  
The 76550 zip code market broke below its 12-month average sales volume this week as sales fell 25.0% to hit three homes sold over the last 30 days. On the other hand, the close-by 78611 zip code registered 12 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose dramatically to $137,500 over the latest reporting period for the 76550 zip code, up from $77,450. The 76550 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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$874K  
Home sales in the 76550 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 25.0% to three homes sold over the last 30 days. On the other hand, the close-by 78642 zip code registered 18 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 76550 zip code, and for this period the median sales price slid from $111,250 to $85,000. The 76550 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$379K  
76550 is a zip code that is growing faster than others in Texas at a 10-year growth rate of 0.8%. It also has a larger than average population of 11,479 people. The 76550 zip code is made up of homes that are relatively old with a median of 33 years.
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$460K  
The 76550 zip code market pulled back with a 20.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (3.0) with four homes sold. In comparison, the nearby 78642 zip code had 17 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 76550 zip code, and this period the median price of all sales fell from $137,500 to $111,250.
Comments:

$379K  
Fewer sellers put their homes up for sale in the 76550 zip code market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again five homes were sold. Potential buyers should note that there are now four months of inventory available in the 76550 zip code and prices have come down. The median sales price dropped to $137,500.
Comments:

$460K  
This week in the 76550 zip code market, sales fell to four homes sold over the last 30 days, coinciding with a recent downward trend in price reductions, with three in the same time frame. Potential buyers should note that prices went up in the 76550 zip code, with the median for this period rising from $178,000 to $179,628.
Comments:

$379K  
The 76550 zip code market saw sales remain flat this week with five homes sold over the last 30 days, while new listings spiked to six. The median sales price in the 76550 zip code jumped to $178,000 while months of inventory was flat at four.
Comments:

$110K  
The 76550 zip code market slowed this week but was still better than normal as sales tumbled 44.4% to five homes sold over the last 30 days. On the other hand, the close-by 78642 zip code registered 21 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $120,000, extending a four-week long spiral.
Comments:

$379K  
The 76550 zip code has a younger population than other areas in Texas with a median age of 40 years. It is also somewhat affluent with a median income of $44,300 per household. The 76550 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
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