The Oak Valley market was quiet this week and reported zero home sales over the last 30 days. Oak Valley usually averages 0.5 sales per month.
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The Oak Valley market was quiet this week as no sales were reported over the previous 30 days. Oak Valley usually averages 0.5 sales per month.
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The Oak Valley market was quiet this week as no sales were reported over the previous 30 days. Oak Valley usually averages 0.5 sales per month.
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Sellers in Oak Valley weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Oak Valley usually averages 0.5 sales per month.
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With 368 residents, Oak Valley is a smaller-than-average city in Texas. Also, with a 16.1% increase over the last 10 years, its population is growing slightly faster than other parts of the state. Homes in Oak Valley are relatively old with a median age of 32 years. The top school in the city is Corsicana H Igh School.
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The number of sellers reducing prices in the Oak Valley market trended up to zero over the last 30 days, extending a three-week streak. During the same period, one sale was completed. The median sales price in Oak Valley stayed put this week at $99,900. With no movement in sales and the availability of 10 months of inventory, Oak Valley is a strong buyer's market.
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Sales remained steady from last week to this week, with one home sold in the Oak Valley market over the last 30 days. However, a budding downturn in the number of pending transactions continued, with zero completed in the same period. Pricing in Oak Valley remains consistent from last week to this week, with the median sales price at $99,900 again. A downturn in contracts, coupled with the availability of 10 months of inventory, prove that Oak Valley is a strong buyer's market.
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The Oak Valley market pulled back with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (0.5) with one home sold. Meanwhile, close-by Corsicana reported 20 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $99,900, down from last week's $127,400. Along with the slip in sales, a relatively high 10 months of inventory indicates that Oak Valley is a strong buyer's market.
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The number of home sales in the Oak Valley market rose 100.0% to two homes over the last 30 days, above the 0.5 monthly average. At the same time, close-by Corsicana reported 18 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Oak Valley, and for this period the median sales price slid from $154,900 to $127,400.
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Oak Valley is a small city in Texas with a median income of $38,967 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 45 years. The Oak Valley market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Heading the list of top schools in the city is Corsicana H Igh School.
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