New Downward Trend in Contracts for 77005 Zip Code Real Estate Market

The 77005 zip code market saw nine homes go under contract and failed to break out of a solid downward trend. Along with that, total home sales fell to nine over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price of all transactions in the 77005 zip code did not budge this week, remaining at $1,600,000. The 77005 zip code is a solid buyer's market, due to a downward trend in contracts numbers and 13 months of inventory remaining.

Trying to find a more traditional home in the 77005 zip code? Then check out these listings that were built before most others in the market:

$1.8M   $5.4M   $18M  

Get started right now by checking out 77005 homes for sale or reviewing 77005 real estate trends.

Demographic facts for the 77005 zip code:

  • 66.7% of the people living here own their homes.
  • This area has a one-year job growth rate of 1.93%.
  • For every teacher there are 16.2 students in this area. (15.3 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Ansley Atlanta
Snapped 11 homes in this area
Abundant Living Real Estate
Snapped 2 homes in this area
Martha Turner Sothebys International Realty
Snapped 92 homes in this area

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