$419K  
The 79903 zip code market has established an emerging upward trend, even as sales remained the same this week at 11 homes over the last 30 days. While sales were solid, months of inventory were further reduced to four, extending a downward trend to four weeks.
Comments:

$419K  
79903 is a larger than average zip code in Texas with 18,747 residents. Also, it has seen a 1.9% decrease in population over the last 10 years. Detached homes account for 98% of the area's current housing market. Topping the list of best schools in the zip code is Silva Health Magnet.
Comments:

$119K  
While home sales in the 79903 zip code market have been above average, in this week's report they plummeted 26.7% to 11 homes sold over the last 30 days. Meanwhile, the 79912 zip code reported 93 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $84,500, potentially helping to offset the four months of inventory left to be sold.
Comments:

$299K  
The 79903 zip code market saw seven homes go under contract and failed to break out of an emerging downward trend. Despite that, total home sales rose to 15 over the last 30 days. The median sales price climbed to $99,900, up from last week's $92,200. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 79903 zip code is a seller's market.
Comments:

$299K  
Despite a confirmed downward trend in sellers reducing price, including 13 markdowns over the last 30 days, sales in the 79903 zip code market rose to 12 over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should take note that prices are coming down in the 79903 zip code, with the median sales price tumbled to $92,200. Inventory is also shrinking, now down to four months worth still available.
Comments:

$132K  
The 79903 zip code market saw sales remain flat this week with eight homes sold over the last 30 days but new listings fell to 10. Potential buyers should note that prices went up in the 79903 zip code, with the median for this period rising from $118,450 to $136,925.
Comments:

$299K  
The number of home sales in the 79903 zip code market shot up 166.7% to eight homes over the last 30 days, coming close to the 8.2 monthly average for the last 12 months. In comparison, the nearby 79912 zip code had 100 sales in the same time frame, the most of all neighboring zip codes. The median sales price rose dramatically to $118,450, up from last week's $66,000.
Comments:

$105K  
A six-week rough patch for the overall sales trend continues in the 79903 zip code market. Also, the actual number of sales dropped 57.1% over the last 30 days to three. The median sales price dropped to $66,000, down from last week's $89,900. A downturn in sales, coupled with the availability of 14 months of inventory, prove that the 79903 zip code is a solid buyer's market.
Comments:

$419K  
The 79903 zip code has a cost of living adjustment score of 80.6, which is less expensive when compared to others in Texas. Also, the area is considered much less affluent than average with a median income of $28,750 per household. The 79903 zip code is made up of homes that are considered older than most with a median of 57 years. The best school in the zip code is Silva Health Magnet.
Comments:

$105K  
Hitting a record low dating back to July, seven homes were sold in the 79903 zip code market over the last 30 days. This represents a 22.2% drop and comes on top of a five-week steady downturn in sales activity. During the same time frame, 79912 had the most of any other neighboring zip codes with 105 sales. As sales reached a bottom, the median sales price went down as well, trending downwards for four weeks to $89,900.
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Lozano Real Estate Group
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Keller Williams Heritage Realty
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