$1.7M  
Sales in the 78611 zip code market hit their lowest level since October. For the prior 30-day period, there were nine homes sold, a drop of 25.0%. The market has been in a downward trend for four weeks. When comparing other close-by zip codes within the same period, the most came from the 78641 zip code with 91 sales. As sales reached a new bottom, the median sales price went in the opposite direction, trending up for four weeks to $287,500.
Comments:

$110K  
On top of a 25.0% drop in sales numbers this week to land at 12 homes sold over the last 30 days, the 78611 zip code market still shows an identifiable trend downward overall. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $330,000 this week.
Comments:

$975K  
The number of home sales in the 78611 zip code market climbed 6.7% to 16 homes over the last 30 days. In comparison, the nearby 78641 zip code had 110 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the 78611 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $311,500 this week.
Comments:

$1.4M  
Sales rose to 15 homes sold in the 78611 zip code market over the last 30 days. However, a new downturn in the amount of pending transactions continued, with four completed in the same period. The median sales price rose to $320,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$975K  
The 78611 zip code has a population that is much younger than most in Texas with a median age of 43 years. Also, it's somewhat affluent with a median income of $44,886 per household. Keep in mind, most people in the 78611 zip code own their homes, with a 56.7% ownership ratio. Heading the list of top schools in the zip code is Shady Grove Elementary School.
Comments:

$1.7M  
Home sales in the 78611 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 30.8% to nine homes sold over the last 30 days. Meanwhile, the 78641 zip code reported 92 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $303,000, up from last week's $198,500.
Comments:

$149K  
Over the last 30 days, an established downward trend of new sellers coming into the 78611 zip code market continued, with seven listings in this week's report. Meanwhile, sales fell, with 11 homes selling during the same period. The median sales price dropped to $174,000 over the latest reporting period for the 78611 zip code, down from $179,975.
Comments:

$1.7M  
A dip in the number of pending transactions in the 78611 zip code market over the last 30 days has resulted in the lowest amount since March. However, while 11 homes went under contract, there were 14 completed sales, extending a five-week upward trend. In comparison, the 78641 zip code had 122 contracts executed in the same time frame, the most of all nearby zip codes. The median sales price dropped to $179,975, down from last week's $194,250.
Comments:

$573K  
While home sales in the 78611 zip code market have been above average, in this week's report they fell 9.5% to 19 homes sold over the last 30 days. Meanwhile, the 78641 zip code reported 99 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 78611 zip code, and this period the median price of all sales fell from $195,000 to $194,250. In spite of the decrease in sales, a low three months of inventory signals that the 78611 zip code is a seller's market.
Comments:

$1.4M  
Despite holding steady in sales this week, the 78611 zip code market extended a three-week hot streak with a total of 19 homes sold over the last 30 days. A months of inventory number of three reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. With such low levels of inventory, the 78611 zip code is still a seller's market, in spite of the dip in sales.
Comments:
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Berkshire Hathaway Tx Realty
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