The 75169 zip code market reported another 30-day period of zero home sales this week. The 75169 zip code usually averages 15.5 sales per month.
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The 75169 zip code market seems to have gone completely quiet. After trending lower for three weeks, no sales at all were reported over the last 30 days.
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Over the last 30 days, a determined downward trend of new sellers coming into the 75169 zip code market continued, with three listings in this week's report. Meanwhile, sales fell, with one home selling during the same period. Potential buyers should note that prices are coming down in the 75169 zip code, and for this period the median sales price slid from $133,115 to $66,230. With decreasing sales and the availability of 177 months of inventory, the 75169 zip code is a strong buyer's market.
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With 13,961 residents, 75169 is a larger than average zip code in Texas. Also, with a 5.5% increase over the last 10 years, its population is growing slightly faster than other parts of the state. Homes in the 75169 zip code are relatively old with a median age of 26 years.
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In this week's report, the number of homes sold in the 75169 zip code market sank to two over the past 30 days, a decrease of 75.0% from last week's report. Within the same time frame, the 75143 zip code had nine sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 75169 zip code, and for this period the median sales price slid from $187,500 to $133,115. The 75169 zip code is a definite buyer's market, thanks to a big 89 months of inventory to choose from and a pullback in sales.
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New listings have fallen in the 75169 zip code market, reaching a low that hasn't been seen since January. They also had a 30-day tally of eight sales. When comparing other close-by zip codes within the same period, the most came from the 75160 zip code with 21 new listings. Prices are falling in the 75169 zip code, and this period the median price of all sales fell from $192,499 to $187,500. A downturn in contracts, coupled with the availability of 22 months of inventory, prove that the 75169 zip code is a definite buyer's market.
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Over the last 30 days, a recent downward trend of new sellers coming into the 75169 zip code market continued, with 20 listings in this week's report. Meanwhile, sales fell, with 14 homes selling during the same period. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $192,499 continued a four-week upswing. Along with the slip in sales, a relatively high 13 months of inventory indicates that the 75169 zip code is a strong buyer's market.
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$154K  
In this week's report, the number of homes sold in the 75169 zip code market dropped to 19 over the past 30 days, a decrease of 5.0% from last week's report, but still above the monthly average. On the other hand, the close-by 75160 zip code registered 32 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 75169 zip code, and this period the median price of all sales fell from $180,000 to $175,000. The 75169 zip code is a solid buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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$1.5M  
New listings have fallen in the 75169 zip code market, reaching a low that hasn't been seen since March. They also had a 30-day tally of 19 sales. In comparison, the 75143 zip code had 42 new listings in the same time frame, the most of all nearby zip codes. As new listings coming into the market were reduced, the median sales price for the homes that have sold increased, hitting a six-month high at $175,000. Despite the rising prices, with nine months of inventory left to work through, the 75169 zip code is still a definite buyer's market.
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$1.5M  
The 75169 zip code market got good news this week as sales rose 6.2% to reach 17 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, the 75160 zip code had 29 sales, the most of all zip codes in the area. The average selling price hit a milestone at $159,500, a three-month high. The 75169 zip code is still a strong buyer's market, in spite of the rise in prices, thanks to the availability of 10 months of remaining inventory.
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