$325K  
The 78962 zip code market improved in this week's report, as the number of sales went up to one home sold over the last 30 days. In comparison, the nearby 77474 zip code had eight sales in the same time frame, the most of all neighboring zip codes. Even after the uptick in sales, an elevated 12 months of inventory tells us that the 78962 zip code is still a solid buyer's market.
Comments:

$119K  
Typically, 78962 zip code accounts for 1.5 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks.
Comments:

$150K  
78962 is an average-sized zip code in Texas with 5,124 residents. Its population is also growing slower than others at a 10-year growth rate of 17.1%. The 78962 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$119K  
The number of homes coming into the 78962 zip code market shrank to three listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price remained unchanged over the latest reporting period for the 78962 zip code, coming in at $134,500. The 78962 zip code is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$249K  
The number of sellers reducing prices in the 78962 zip code market trended up to three over the last 30 days, extending a nine-week streak. During the same period, one sale was completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Pricing in the 78962 zip code remains consistent from last week to this week, with the median sales price at $134,500 again. The 78962 zip code is a strong buyer's market, due to a big 12 months of inventory left and aided by the flat sales.
Comments:

$325K  
Over the last 30 days, the 78962 zip code market had a decrease in home sales with one. Furthermore, the amount of pending transactions continued to decline, with a total of zero contracts during the same period. The median sales price jumped to $134,500, up from last week's $107,250. A downturn in contracts, coupled with the availability of 11 months of inventory, prove that the 78962 zip code is a solid buyer's market.
Comments:

$150K  
Over the last 30 days, the 78962 zip code market showed gains with two homes sold. It marks a 100.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, the nearby 77474 zip code had four sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $107,250 over the latest reporting period for the 78962 zip code, up from $80,000.
Comments:

$130K  
Over the last 30 days, one home was sold in the 78962 zip code market, holding even with last week's numbers. However, the market is still in a recent downward trend overall. The median sales price of all transactions in the 78962 zip code did not budge this week, remaining at $80,000. The 78962 zip code is a strong buyer's market, due to a downward trend in sales numbers and 10 months of inventory remaining.
Comments:

$150K  
78962 is a zip code in Texas. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $42,371 per household and cost of living adjustment score of 83.7. The 78962 zip code is made up of homes that are relatively old with a median of 35 years.
Comments:

$150K  
The number of homes coming into the 78962 zip code market tumbled to three listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in the 78962 zip code did not budge this week, remaining at $80,000. The 78962 zip code is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:
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