$439K  
Over the last 30 days, the 77351 zip code market had a lift in home sales with 26. But as sales edged up, the number of pending transactions continued to decline, with a total of 27 contracts during the same period. The median sales price climbed to $105,250, up from last week's $94,350. The 77351 zip code is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
Comments:

$174K  
This week in the 77351 zip code market, sales fell to 24 homes sold over the last 30 days, coinciding with a new downward trend in price reductions, with 19 in the same time frame. The median sales price dropped to $94,350 over the latest reporting period for the 77351 zip code, down from $126,000. Along with the slip in sales, a relatively high eight months of inventory indicates that the 77351 zip code is a definite buyer's market.
Comments:

$235K  
Over the last 30 days, the 77351 zip code market was active with 24 homes sold. It marks a 14.3% increase from last week's report, while also topping the average sales volume for the prior 12 months. At the same time, the 77327 zip code reported 15 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $128,500 over the latest reporting period for the 77351 zip code, down from $131,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 77351 zip code is still a definite buyer's market.
Comments:

$387K  
Over the last 30 days, the 77351 zip code market showed strong improvement with 19 homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 77360 zip code registered 10 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 77351 zip code, and this period the median price of all sales fell from $134,250 to $126,000. The 77351 zip code is still a solid buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$748K  
In this week's report, the number of homes sold in the 77351 zip code market fell to 15 over the past 30 days, a decrease of 11.8% from last week's report. In comparison, the nearby 77327 zip code had 13 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 77351 zip code, and for this period the median sales price slid from $210,000 to $137,500. Along with the slip in sales, a relatively high 14 months of inventory indicates that the 77351 zip code is a definite buyer's market.
Comments:

$469K  
77351 is a less affluent than average zip code in Texas with a median income of $37,702 per household. The population is also considered much younger than most with a median age of 42 years. It should be noted that at 57.3%, most people own their homes in the 77351 zip code. The best school in the zip code is Big Sandy School.
Comments:

$129K  
The 77351 zip code market will be more selective in the short term. Sales have fallen this week to 15 homes sold over the last 30 days, and there is also an identifiable upward trend of new listings, with 40 going live in the same time frame. The median sales price remained unchanged over the latest reporting period for the 77351 zip code, coming in at $250,000. With decreasing sales and the availability of 14 months of inventory, the 77351 zip code is a strong buyer's market.
Comments:

$658K  
There were 16 homes sold in the 77351 zip code market over the last 30 days, continuing an eight-week negative trend. During the same period, the total number of price reductions was 51, the most since July. During the same time frame, 77327 had the most price reductions of any other neighboring zip codes with 19. Even as the number of sellers reducing price hit a plateau, months of inventory continued to climb, trending upwards for eight weeks to reach 14 months. The 77351 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$439K  
Over the last 30 days, sales in the 77351 zip code market fell to 18. However, the number of pending transactions continued to improve, reaching a total of 31 during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 77351 zip code, and this period the median price of all sales fell from $180,000 to $157,500. The 77351 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$174K  
There were 19 home sales in the 77351 zip code market over the last 30 days, while coming close to the 23.0 monthly average for the last 12 months. At the same time, the 77331 zip code reported 21 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 77351 zip code, and the median sales price this period increased from $112,000 to $160,000. The 77351 zip code is still a solid buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:
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