$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.
Comments:

$189K  
Over the past 30 days, there have been fewer price cuts in the 79905 zip code market, continuing a six-week declining trend to land at five. However, home sales were up to two over the same period. Prices are rising in the 79905 zip code, and the median sales price this period increased from $85,962 to $129,500. The 79905 zip code is still a definite buyer's market, due to the availability of 14 months of remaining inventory, even after the uptick in sales.
Comments:

$242K  
In this week's report, the number of homes sold in the 79905 zip code market fell to one over the past 30 days, a decrease of 50.0% from last week's report. On the other hand, the close-by 79912 zip code registered 100 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 79905 zip code, and this period the median price of all sales fell from $95,481 to $85,962. The 79905 zip code is a definite buyer's market, thanks to a big 31 months of inventory to choose from and a pullback in sales.
Comments:

$190K  
The 79905 zip code market stayed soft with two homes sold in the last 30 days, a 60.0% sales drop. Meanwhile, the 79912 zip code reported 103 home sales, the highest number from all the surrounding zip codes. The median sales price rose dramatically to $95,481 over the latest reporting period for the 79905 zip code, up from $70,000. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 79905 zip code is a definite buyer's market.
Comments:

$242K  
The population of the 79905 zip code is much less affluent than average compared to others in Texas with a median income of $21,205 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 79.5. The 79905 zip code is made up of homes that are older than most with a median of 53 years. Topping the list of best schools in the zip code is Silva Health Magnet.
Comments:

$220K  
Price reductions have decreased in the 79905 zip code market, reaching a low that hasn't been seen since May. With the market getting more expensive, there were five homes sold over the last 30 days. In comparison, the 79912 zip code had 128 price reductions in the same time frame, the most of all nearby zip codes. Potential buyers should note that prices are coming down in the 79905 zip code, and for this period the median sales price slid from $80,000 to $70,000. The 79905 zip code is still a definite buyer's market, even after the decrease in price reductions, due to the large seven months of inventory left.
Comments:

$255K  
The 79905 zip code market might be cooling in the coming weeks. Sales stayed steady at nine homes sold over the last 30 days, but there is a new downward trend in the number of new listings, with five going live in the same time frame. The median sales price in the 79905 zip code stayed flat at $80,000 while months of inventory was flat at four.
Comments:

$104K  
In this week's report, the number of homes sold in the 79905 zip code market slid to nine over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average. On the other hand, the close-by 79912 zip code registered 93 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $80,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$104K  
The 79905 zip code market was busy this week as sales climbed 11.1% to hit 10 homes sold over the last 30 days. To put it in perspective, the close-by 79912 zip code registered 105 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that prices are coming down in the 79905 zip code, with the median sales price dropped to $76,050. Inventory is also shrinking, now down to four months worth still available.
Comments:

$104K  
The 79905 zip code market showed gains in this week's report, as the number of home sales rose 12.5%, pushing the total to nine homes sold over the last 30 days. To put it in perspective, the close-by 79912 zip code registered 96 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $80,000 over the latest reporting period for the 79905 zip code, up from $79,050.
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Century 21 Scott Myers, REALTORS®
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