$254K  
The number of price cuts in the 79562 zip code market climbed to 10 over the last 30 days, furthering a determined positive trend. Despite drops in list prices, sales also decreased to four homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Even as the number of sellers lowering their price trended higher, months of inventory continued to climb, hitting a one-year high at 29 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 79562 zip code is a solid buyer's market.
Comments:

$245K  
79562 is a zip code in Texas. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $59,657 per household and cost of living adjustment score of 105.2. Homes in the 79562 zip code are relatively old with a median age of 25 years.
Comments:

$899K  
Home sales in the 79562 zip code market remained slow in this week's report as they fell 14.3% to six homes sold over the last 30 days. Meanwhile, the 79602 zip code reported 39 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $218,900 over the latest reporting period for the 79562 zip code, down from $219,900. The 79562 zip code is a definite buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$375K  
Sales fell in the 79562 zip code market to seven homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to six. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $219,900 over the latest reporting period for the 79562 zip code, down from $259,900. With a downward trend in contracts numbers and 16 months of inventory still left to work through, the 79562 zip code is a strong buyer's market.
Comments:

$254K  
The number of sellers reducing prices in the 79562 zip code market trended up to 14 over the last 30 days, extending a three-week streak. During the same period, eight sales were completed. Prices are falling in the 79562 zip code, and this period the median price of all sales fell from $299,900 to $259,900. Along with flat sales, a relatively high 14 months of inventory indicates that the 79562 zip code is a solid buyer's market.
Comments:

$245K  
The 79562 zip code market reported improvement in this week's report, as the number of home sales climbed 16.7%, pushing the total to seven homes sold over the last 30 days. In comparison, the nearby 79602 zip code had 43 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 79562 zip code, and for this period the median sales price slid from $314,950 to $299,900. The 79562 zip code is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
Comments:

$375K  
The 79562 zip code market remained cool with six homes sold in the last 30 days, a 25.0% sales drop. Within the same time frame, the 79606 zip code had 34 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 79562 zip code, and for this period the median sales price slid from $330,000 to $314,950. Along with the slip in sales, a relatively high 19 months of inventory indicates that the 79562 zip code is a strong buyer's market.
Comments:

$245K  
79562 is an average-sized zip code in Texas with a population of 3,744 residents, and it has a lower than average density compared to the rest of the state, with 28.0 people per square mile. Keep in mind, most people in the 79562 zip code own their homes, with a 79.0% ownership ratio.
Comments:

$179K  
Over the last 30 days, a new upward trend of new sellers coming into the 79562 zip code market continued, with 22 listings in this week's report. Meanwhile, sales have inched up as well, with eight homes selling during the same period. New listings numbers should rise over the next few weeks as well with all signs pointing to a continuation of the existing trend. Although the strong new listing numbers suggest otherwise, months of inventory is on a four-week downward trend, this week hitting 15 months. The 79562 zip code is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$899K  
The 79562 zip code market saw sales decline 22.2% this week but it is currently in the midst of an emerging upward sales trend, including seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Prices are rising in the 79562 zip code, and the median sales price this period increased from $274,000 to $330,000. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 79562 zip code is a definite buyer's market.
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