$123K  
There have been four homes sold in the 77488 zip code market over the last 30 days, continuing a three-week downturn. During the same period, there were 12 new listings posted, the most since June. When comparing other close-by zip codes within the same period, the most came from the 77471 zip code with 48 new listings. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Prices are falling in the 77488 zip code, and this period the median price of all sales fell from $138,500 to $134,200.
Comments:

$390K  
Over the last 30 days, the 77488 zip code market got positive news with five homes sold. It marks a 25.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 77471 zip code had 47 sales, the most of all zip codes in the area. The median sales price dropped to $138,500, down from last week's $146,750.
Comments:

$390K  
With 14,203 residents, 77488 is a larger than average zip code in Texas. Also, with a 10.5% decrease over the last 10 years, its population is growing slower than other parts of the state. The 77488 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 Wharton Elementary School.
Comments:

$123K  
The 77488 zip code market might be slowing down in the coming weeks. Sales fell this week to four homes sold over the last 30 days, and there is an identifiable downward trend in the number of new listings, with seven going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, months of inventory unfortunately continued to increase, hitting a three-month high at five months.
Comments:

$200K  
Over the last 30 days, the 77488 zip code market was steady and saw seven homes sold. However, the number of pending transactions continued to decline, with a total of four transactions during the same period. The median sales price remained unchanged over the latest reporting period for the 77488 zip code, coming in at $100,000. There are only three months of inventory available in the 77488 zip code, so it's still seller's market, even with the shrinking contracts numbers.
Comments:

$137K  
The 77488 zip code market pulled back with a 12.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (5.6) with seven homes sold. In comparison, the nearby 77471 zip code had 33 sales in the same time frame, the most of all neighboring zip codes. The median sales price climbed to $100,000 over the latest reporting period for the 77488 zip code, up from $92,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 77488 zip code is a seller's market.
Comments:

$249K  
The 77488 zip code market was active this week as sales climbed 14.3% to hit eight homes sold over the last 30 days. In comparison, the nearby 77471 zip code had 32 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 77488 zip code, with the median for this period rising from $85,000 to $92,500. With only two months of inventory and rising sales, the 77488 zip code is a solid seller's market.
Comments:

$320K  
The 77488 zip code has a cost of living adjustment score of 86.9, which is average when compared to others in Texas. Also, the area is considered less affluent than average with a median income of $38,681 per household. Homes in the 77488 zip code are relatively old with a median age of 36 years. The best school in the zip code is Wharton Elementary School.
Comments:

$320K  
Sales jumped to seven homes sold in the 77488 zip code market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with five completed in the same period. The median sales price dropped to $85,000, down from last week's $96,200. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 77488 zip code is a definite seller's market.
Comments:

$150K  
Sales have inched up to five homes sold over the last 30 days in the 77488 zip code market. But sellers can expect more competition, due to a six-week upward trend in homes coming into the market, now up to seven for the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Prices are falling in the 77488 zip code, and this period the median price of all sales fell from $105,600 to $96,200. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 77488 zip code is a seller's market.
Comments:
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