$525K  
This week in the 79922 zip code market, sales ticked up to seven homes sold over the last 30 days, even with a confirmed downward trend in price reductions, with nine in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price dropped to $166,950 over the latest reporting period for the 79922 zip code, down from $177,350. The 79922 zip code is still a strong buyer's market, due to the availability of 11 months of remaining inventory, even after the uptick in sales.
Comments:

$299K  
The population of the 79922 zip code is very affluent compared to others in Texas with a median income of $73,255 per household. It's also considered a very expensive zip code in terms of affordability with a cost of living adjustment score of 117.4. With a median age of 34 years, homes in the 79922 zip code tend to be relatively old. The top school in the zip code is Silva Health Magnet.
Comments:

$550K  
The number of home sales in the 79922 zip code market climbed 50.0% to six homes over the last 30 days. To put it in perspective, the close-by 79912 zip code registered 80 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 79922 zip code, and this period the median price of all sales fell from $186,500 to $177,350. The 79922 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 12 months of remaining inventory.
Comments:

$749K  
There were three homes sold in the 79922 zip code market over the last 30 days, continuing an eight-week downturn. During the same period, the number of price reductions fell to their lowest level since September at seven. During the same time frame, 79912 had the most of any other neighboring zip codes with 111 price reductions. The median sales price tumbled to $113,000 over the latest reporting period for the 79922 zip code, down from $188,500. The 79922 zip code is still a solid buyer's market, even after the decrease in price reductions, due to the large 25 months of inventory left.
Comments:

$1.1M  
In this week's report, the number of homes sold in the 79922 zip code market slid to four over the past 30 days, a decrease of 42.9% from last week's report. Meanwhile, the 79912 zip code reported 78 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 79922 zip code, and the median sales price this period increased from $119,000 to $188,500. The 79922 zip code is a definite buyer's market, due to a big 18 months of inventory left and aided by the dip in sales.
Comments:

$116K  
On top of a 12.5% dip in sales numbers this week to land at seven homes sold over the last 30 days, the 79922 zip code market still shows a budding trend downward overall. The median sales price tumbled to $119,000 over the latest reporting period for the 79922 zip code, down from $172,000. With a downward trend in sales numbers and 10 months of inventory still left to work through, the 79922 zip code is a strong buyer's market.
Comments:

$370K  
79922 is an average-sized zip code in Texas with a population of 9,046 residents, and it has a higher than average density compared to the rest of the state, with 1,125.7 people per square mile. Keep in mind, most people in the 79922 zip code own their homes, with a 78.2% ownership ratio. Topping the list of best schools in the zip code is Silva Health Magnet.
Comments:

$116K  
Home sales in the 79922 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 20.0% to eight homes sold over the last 30 days. 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 of homes sold came in at $172,000, which extended a downward swing in price to four weeks. With prices falling, the availability of nine months of inventory means that the 79922 zip code is a definite buyer's market.
Comments:

$1.1M  
The 79922 zip code market is starting to look less expensive. In tandem with sales continuing a four-week downturn, bringing this week's numbers down to 10 homes sold over the last 30 days, price reductions are also at the highest they've been in three months, with 14 reported over the same period. In comparison, 79912 led all other nearby zip codes with 119 price reductions. The median sales price climbed to $209,625 over the latest reporting period for the 79922 zip code, up from $194,250. The rise in price reductions and high eight months of remaining inventory tell us the 79922 zip code is a definite buyer's market.
Comments:

$126K  
The 79922 zip code market may be experiencing an extended pullback, but sales managed an uptick this week of 12.5% to nine 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 79922 zip code, and for this period the median sales price slid from $228,750 to $194,250. The 79922 zip code is still a strong buyer's market, due to the availability of nine months of remaining inventory, even after the uptick in sales.
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