The Hamlin market was quiet this week and reported zero home sales over the last 30 days. Hamlin usually averages 0.9 sales per month.
Comments:

Hamlin is a city in Texas. It's less affluent than average and the cost of living is much less expensive compared to the rest of the state, with a median income of $34,428 per household and cost of living adjustment score of 75.2. Hamlin is made up of homes that are older than most with a median of 55 years. The best school in the city is Hamlin High School.
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Sellers in Hamlin weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Hamlin usually averages 0.9 sales per month.
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The Hamlin market pulled back with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.9) with one home sold. In comparison, nearby Abilene had 129 sales in the same time frame, the most of all neighboring cities. Prices are rising in Hamlin, and the median sales price this period increased from $20,937 to $32,000. Hamlin is a strong buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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The Hamlin market extended a three-week hot streak this week, even as sales remained flat at two homes sold over the last 30 days. Pricing in Hamlin remains consistent from last week to this week, with the median sales price at $20,937 again.
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The Hamlin market saw sales remain flat this week with two homes sold over the last 30 days but new listings tumbled to zero. Prices fell lower as this week's reported median sales price of $20,937 continued a four-week downward trend.
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The number of home sales in the Hamlin market climbed 100.0% to two homes over the last 30 days, above the 0.9 monthly average. In comparison, nearby Abilene had 101 sales in the same time frame, the most of all neighboring cities. Prices are rising in Hamlin, and the median sales price this period increased from $9,875 to $20,937.
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Hamlin is a larger than average city in Texas with a population of 2,124 residents, and it has a lower than average density compared to the rest of the state, with 401.7 people per square mile. It should be noted that at 60.3%, most people own their homes in Hamlin. The top school in the city is Hamlin High School.
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Sales remained at one home sold over the last 30 days in the Hamlin market. Sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to one 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. Potential buyers should note that prices are coming down in Hamlin, and for this period the median sales price slid from $76,900 to $9,875. With no movement in sales and the availability of 10 months of inventory, Hamlin is a solid buyer's market.
Comments:

The number of price cuts in the Hamlin market climbed to two over the last 30 days, furthering a budding positive trend. Even with the drops in list prices, sales remained the same with one home sold. The median sales price remained unchanged over the latest reporting period for Hamlin, coming in at $76,900. With no movement in sales and the availability of 11 months of inventory, Hamlin is a strong buyer's market.
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