The Mabank market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Mabank usually averages 2.2 sales per month.
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The Mabank market reported another in a series of 30-day periods with zero home sales. Mabank usually averages 2.3 sales per month.
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The Mabank market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Mabank usually averages 2.3 sales per month.
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Mabank has a cost of living adjustment score of 86.8, which is expensive when compared to others in Texas. Also, the area is considered somewhat affluent with a median income of $42,356 per household. With a median age of 19 years, homes in Mabank tend to be of moderate age. The top school in the city is Mabank High School.
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Once again, no deals were completed in the Mabank market over the last 30 days. Mabank is used to having 2.3 sales per month. While contracts numbers were weak, the median sales price of those homes came in at $0, which extended a price upswing to four weeks.
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Typically, Mabank accounts for 2.4 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.
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With two homes sold in the Mabank market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with nine new listings for buyers to choose from. Pricing in Mabank remains consistent from last week to this week, with the median sales price at $102,900 again. Mabank is a definite buyer's market, thanks to a big 36 months of inventory to choose from and the flat sales.
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Home sales in the Mabank market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 33.3% to two homes sold over the last 30 days. Within the same time frame, Gun Barrel City had seven sales, the most of all cities in the area. Potential buyers should note that prices went up in Mabank, with the median for this period rising from $57,000 to $102,900. With decreasing sales and the availability of 36 months of inventory, Mabank is a definite buyer's market.
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$187K  
The Mabank market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at 18. The median sales price remained unchanged over the latest reporting period for Mabank, coming in at $57,000. Along with flat sales, a relatively high 24 months of inventory indicates that Mabank is a solid buyer's market.
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$1.8M  
The Mabank market showed strong improvement this week as sales climbed 200.0% to reach three homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, close-by Gun Barrel City reported 12 home sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for Mabank, coming in at $57,000. Mabank is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 23 months of remaining inventory.
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