Paris is a larger than average city in Texas with 25,171 residents. Its population is also growing slower than others at a 10-year growth rate of -2.3%. The Paris market is almost exclusively made up of detached houses, which currently account for 98% of the homes for sale in the area. The best school in the city is Cecil Everett Elementary School.
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$109K  
The Paris market may be experiencing a prolonged pullback as sales slumped again this week by 12.5% to seven homes sold over the last 30 days. As sales trended lower, prices have also been falling. The median sales price dropped to $105,000, extending a four-week long spiral. Paris is a definite buyer's market, due to a downward trend in sales numbers and prices, and 11 months of inventory remaining.
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$119K  
Over the last 30 days, the Paris market had a lift in home sales with eight. But as sales edged up, the number of pending transactions continued to decline, with a total of seven contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Paris, with the median for this period rising from $105,000 to $112,250. Even after the uptick in sales, an elevated nine months of inventory tells us that Paris is still a definite buyer's market.
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$425K  
The Paris market broke below its 12-month average sales volume this week as sales dropped 12.5% to hit seven homes sold over the last 30 days. In comparison, nearby Reno had three sales in the same time frame, the most of all neighboring cities. Prices are falling in Paris, and this period the median price of all sales fell from $112,450 to $105,000. With decreasing sales and the availability of 11 months of inventory, Paris is a solid buyer's market.
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$275K  
The Paris market saw nine homes go under contract and failed to break out of a recent downward trend. Along with that, total home sales fell to 12 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices are coming down in Paris, and for this period the median sales price slid from $119,900 to $104,900.
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Paris is a less affluent than average city in Texas with a median income of $32,960 per household. The population is also considered younger than most with a median age of 37 years. It should be noted that 44.9% of the homes in Paris are owned, while 41.8% are rentals. The top school in the city is Cecil Everett Elementary School.
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$499K  
On top of a determined downward trend in sellers reducing price, including eight markdowns over the last 30 days, sales in the Paris market fell to 12 over the same stretch of time. Prices are falling in Paris, and this period the median price of all sales fell from $150,000 to $119,950. Paris is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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$779K  
Over the last 30 days, the sale of 15 homes took place in the Paris market. This shows a 11.8% drop from the prior period but the area remains on a recent upward trend. The median sales price of all transactions in Paris did not budge this week, remaining at $150,000.
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$393K  
With a new downward trend of new sellers listing homes, including 14 over the last 30 days, and sales that rose to 17 in that same time frame, the Paris market will be less intense. The median sales price of all transactions in Paris did not budge this week, remaining at $150,000.
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$119K  
Over the past 30 days, there have been fewer price cuts in the Paris market, continuing a three-week declining trend to land at nine. However, home sales were up to 15 over the same period. The median sales price rose to $150,000, up from last week's $149,900.
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