$115K  
The 79905 zip code market saw sales remain flat this week with seven homes sold over the last 30 days and new listings also remain flat at five. Prices fell lower as this week's reported median sales price of $87,000 continued a four-week downward trend.
Comments:

$227K  
The 79905 zip code has a cost of living adjustment score of 79.5, 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 $21,205 per household. With a median age of 53 years, homes in the 79905 zip code tend to be older than most. Heading the list of top schools in the zip code is Silva Health Magnet.
Comments:

$227K  
The number of home sales in the 79905 zip code market climbed 16.7% to seven homes over the last 30 days, coming close to the 7.2 monthly average for the last 12 months. In comparison, the nearby 79912 zip code had 81 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 79905 zip code rose to $87,000 while months of inventory fell to four.
Comments:

$255K  
Over the last 30 days, the sale of six homes took place in the 79905 zip code market. This shows a 40.0% reduction from the prior period but the area remains on a new upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting five months.
Comments:

$103K  
The 79905 zip code market looked solid this week as sales climbed 11.1% to hit 10 homes sold over the last 30 days. At the same time, the 79912 zip code reported 81 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $80,475, up from last week's $77,450. With only three months of inventory and rising sales, the 79905 zip code is a seller's market.
Comments:

$220K  
There were nine homes sold in the 79905 zip code market over the last 30 days. During the same period, the total number of price reductions was nine, the most since September. When comparing other close-by zip codes within the same period, the most came from the 79912 zip code with 117 price reductions. Months of inventory in the 79905 zip code spiked to four but prices came down, as the median sales price dropped to $77,450.
Comments:

$232K  
The 79905 zip code market saw sales remain flat this week with nine homes sold over the last 30 days but new listings fell to three. Prices are falling in the 79905 zip code, and this period the median price of all sales fell from $137,950 to $83,500. With only three months of inventory to sell, the 79905 zip code is a seller's market, in spite of the flat sales.
Comments:

$232K  
With 25,707 residents, 79905 is a larger than average zip code in Texas. Also, with 3,956.2 people per square mile, it has a much higher than average density in comparison to other parts of the state. The 79905 zip code has an home ownership ratio of 43.6% and a renting ratio of 50.0%. The top school in the zip code is Silva Health Magnet.
Comments:

$189K  
The number of home sales in the 79905 zip code market spiked 80.0% to nine homes over the last 30 days, exceeding the 6.8 monthly average for the last 12 months. In comparison, the nearby 79912 zip code had 72 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $137,950, down from last week's $162,000. With just three months of inventory available and sales going up, the 79905 zip code is a seller's market.
Comments:

$104K  
The 79905 zip code market may be experiencing a determined pullback, but sales managed an uptick this week of 25.0% to five homes sold 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. Potential buyers should note that prices are coming down in the 79905 zip code, and for this period the median sales price slid from $173,745 to $162,000.
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Century 21 Scott Myers, REALTORS®
Snapped 1 home in this area
Greater El Paso Association of
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