$345K  
The 77840 zip code market showed positive signs in this week's report, as the number of home sales climbed 100.0%, pushing the total to four homes sold over the last 30 days. In comparison, the nearby 77833 zip code had 11 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 77840 zip code, and for this period the median sales price slid from $172,250 to $171,500. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that the 77840 zip code is a definite seller's market.
Comments:

$124K  
With a budding downward trend of new sellers listing homes, including one over the last 30 days, and sales that remained flat at two in that same time frame, the 77840 zip code market will be slowing. The median sales price of all transactions in the 77840 zip code did not budge this week, remaining at $172,250. Despite the flat sales, a relatively low two months of inventory remaining indicates that the 77840 zip code is a solid seller's market.
Comments:

$349K  
The 77840 zip code market got good news this week as sales rose to two homes sold over the last 30 days to go with a new upward trend of contracts closing, now up to five. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Prices are falling in the 77840 zip code, and this period the median price of all sales fell from $235,000 to $172,250. With just two months of inventory available and contracts going up, the 77840 zip code is a strong seller's market.
Comments:

$345K  
Over the last 30 days, the 77840 zip code market showed strong improvement with one home sold, closing in on the average sales volume for the prior 12 months. At the same time, the 77833 zip code reported 14 home sales, the highest number from all the surrounding zip codes.
Comments:

$345K  
The 77840 zip code market reported zero sales over the last 30 days. The 77840 zip code usually averages 1.2 sales per month.
Comments:

$4.6M  
77840 is a larger than average zip code in Texas with 55,293 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 25.4%. The 77840 zip code market is mostly made up of detached homes, currently accounting for 67% overall. The top school in the zip code is Rock Prairie Elementary School.
Comments:

$349K  
The 77840 zip code market broke below its 12-month average sales volume this week as sales slid 50.0% to hit one home sold over the last 30 days. Within the same time frame, the 77833 zip code had 17 sales, the most of all zip codes in the area. The median sales price jumped to $400,000, up from last week's $300,000.
Comments:

$4.6M  
Over the last 30 days, an established upward sales trend continued in the 77840 zip code market, even as sales fell to two this week. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price jumped to $300,000 this week.
Comments:

$4.6M  
The number of homes coming into the 77840 zip code market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again three homes were sold over the same period. The median sales price has been increasing as it hit $200,000, extending an eight-week long spike. With inventory so low in the 77840 zip code, it's still a seller's market, even after taking into consideration the decrease in sales.
Comments:

$349K  
The 77840 zip code market looked active in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. At the same time, the 77833 zip code reported 14 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 77840 zip code, with the median for this period rising from $194,950 to $200,000. With only three months of inventory and rising sales, the 77840 zip code is a seller's market.
Comments:
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