$255K  
With two homes sold in the Merkel market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with three new listings for buyers to choose from. The median sales price in Merkel stayed put this week at $102,400. Merkel is a strong buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$177K  
The Merkel market will be more intense, as not only have sales ticked up this week to two homes sold over the last 30 days, but there is a recent upward trend of new listings, with four going live in the same time frame. The median sales price climbed to $102,400 over the latest reporting period for Merkel, up from $87,900. Merkel is still a solid buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
Comments:

$125K  
Merkel is a larger than average city in Texas with 2,590 residents. Also, it has seen a 0.6% decrease in population over the last 10 years. The Merkel market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The best school in the city is Merkel Elementary School.
Comments:

$129K  
The Merkel market saw sales remain flat this week with one home sold over the last 30 days, while new listings shot up to four. Months of inventory hit 24 this period, extending an upward trend to eight weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Merkel is a definite buyer's market.
Comments:

$129K  
The number of sellers who put their homes up for sale in the Merkel market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again one home was sold. Prices are falling in Merkel, and this period the median price of all sales fell from $136,742 to $87,900. Merkel is a definite buyer's market, thanks to a big 22 months of inventory to choose from and the flat sales.
Comments:

$125K  
A six-week rough patch for the overall sales trend continues in the Merkel market, with the number of sales staying even at one over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price of all transactions in Merkel did not budge this week, remaining at $136,742. Merkel is a definite buyer's market with 23 months of inventory to choose from, aided by the downturn in sales.
Comments:

$129K  
Once again, no deals were completed in the Merkel market over the last 30 days. Merkel is used to having 2.0 sales per month.
Comments:

$129K  
The Merkel market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for four weeks.
Comments:

$129K  
Merkel has a cost of living adjustment score of 77.1, which is less expensive when compared to others in Texas. Also, the area is considered less affluent than average with a median income of $37,965 per household. Merkel is made up of homes that are older than most with a median of 43 years. The best school in the city is Merkel Elementary School.
Comments:

$255K  
A three-week rough patch for the overall sales trend continues in the Merkel market, with number of sales staying even at one over the last 30 days. As sales trended lower, prices have been increasing. The median sales price hit $133,000, extending an eight-week long spike. Merkel is still a strong buyer's market, despite the rising prices, with 21 months of inventory to choose from on top of the downward trend in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.