The number of homes coming into the 76626 zip code market tumbled 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. Months of inventory is on a four-week downward trend, this week hitting zero months.
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The 76626 zip code market slowed with a 33.3% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.9) with two homes sold. Within the same time frame, the 75165 zip code had 45 sales, the most of all zip codes in the area. Prices are falling in the 76626 zip code, and this period the median price of all sales fell from $95,000 to $90,000.
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The 76626 zip code market pulled back this week but was still better than normal as sales fell 25.0% to three homes sold over the last 30 days. In comparison, the nearby 75165 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 76626 zip code, and the median sales price this period increased from $90,000 to $95,000.
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The 76626 zip code market saw zero homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales rose to four over the last 30 days. The median sales price jumped to $90,000, up from last week's $67,950. With just one month of inventory available and sales going up, the 76626 zip code is a strong seller's market.
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The population of the 76626 zip code is growing slightly faster than the rest of Texas, at a 10-year growth rate of 16.5%. It's a smaller-than-average zip code compared to the rest of the state, with 1,549 residents. The 76626 zip code is made up of homes that are considered relatively old with a median of 29 years.
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Sales stayed firm at two homes sold over the last 30 days in the 76626 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 one for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in the 76626 zip code did not budge this week, remaining at $67,950. There are only two months of inventory available in the 76626 zip code, so it's a strong seller's market, even if sales are flat.
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$120K  
A three-week rough patch for the overall sales trend continues in the 76626 zip code market, with number of sales staying even at one over the last 30 days. The median sales price in the 76626 zip code stayed put this week at $15,900.
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$120K  
The 76626 zip code market picked up this week with one home sold over the last 30 days. At the same time, the 75165 zip code reported 48 home sales, the highest number from all the surrounding zip codes.
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$120K  
Over the last 30 days, no deals were completed in the 76626 zip code market. It further extends a one-week downward trend in sales.
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$120K  
The 76626 zip code market pulled back this week but was still better than normal as sales slid 33.3% to two homes sold over the last 30 days. Within the same time frame, the 75165 zip code had 43 sales, the most of all zip codes in the area. The price of homes sold went down with the average selling price hitting a three-month low at $89,950. In spite of the falling prices, a low three months of inventory signals that the 76626 zip code is still a seller's market.
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