The Eureka market was quiet this week and reported zero home sales over the last 30 days. Eureka usually averages 0.7 sales per month.
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No deals were completed in the Eureka market over the last 30 days. Eureka usually averages 0.7 sales per month.
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Eureka is a small city in Texas with a population of 307 residents, and it has a much lower than average density compared to the rest of the state, with 131.0 people per square mile. With an ownership ratio of 68.8%, most people in Eureka are homeowners.
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No deals were completed in the Eureka market over the last 30 days. Eureka usually averages 0.8 sales per month.
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No deals were completed in the Eureka market over the last 30 days. Eureka usually averages 0.8 sales per month.
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The Eureka market pulled back this week but was still better than normal as sales dropped 50.0% to one home sold over the last 30 days. In comparison, nearby Corsicana had eight sales in the same time frame, the most of all neighboring cities. The median sales price tumbled to $112,900, down from last week's $202,900. Along with the slip in sales, a relatively high 12 months of inventory indicates that Eureka is a definite buyer's market.
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Over the last 30 days, the Eureka market was steady and saw two homes sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. The median sales price remained unchanged over the latest reporting period for Eureka, coming in at $202,900.
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$285K  
The number of price cuts in the Eureka market climbed to two over the last 30 days, furthering a recent positive trend. Despite drops in list prices, sales also decreased to two homes sold. The median sales price dropped dramatically to $202,900 over the latest reporting period for Eureka, down from $292,900.
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Eureka is a city in Texas. It's very affluent and the cost of living is expensive compared to the rest of the state, with a median income of $58,517 per household and cost of living adjustment score of 86.9. Eureka is made up of homes that are of moderate age with a median of 16 years.
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$850K  
Over the last 30 days, the Eureka market was healthy with five homes sold, a 25.0% increase from last week's report. Within the same time frame, Corsicana had 18 sales, the most of all cities in the area. The median sales price continued to rise, trending upwards for four weeks to reach $292,900. The increasing prices a low two months of inventory point to Eureka being a definite seller's market.
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