Yet again, no deals were completed in the 75482 zip code market over the last 30 days. The 75482 zip code is used to having 18.5 sales per month.
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Typically, 75482 zip code accounts for 18.9 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks.
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Once again, no deals were completed in the 75482 zip code market over the last 30 days. The 75482 zip code is used to having 19.3 sales per month.
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The 75482 zip code market seems to have gone completely quiet. After trending lower for two weeks, no sales at all were reported over the last 30 days.
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The 75482 zip code is a zip code in Texas with a median income of $39,601 per household. Besides being less affluent than average, its population is younger than others with a median age of 38 years. The 75482 zip code market is almost exclusively made up of detached homes, currently accounting for 96% overall. Topping the list of best schools in the zip code is Lamar Elementary School.
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This week in the 75482 zip code market, sales dropped to seven homes sold over the last 30 days, coinciding with a new downward trend in price reductions, with four in the same time frame. Potential buyers should note that prices went up in the 75482 zip code, with the median for this period rising from $126,500 to $133,900. Along with the slip in sales, a relatively high 38 months of inventory indicates that the 75482 zip code is a strong buyer's market.
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Sales fell in the 75482 zip code market to 15 homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to six. Potential buyers should note that prices are coming down in the 75482 zip code, and for this period the median sales price slid from $129,900 to $126,500. The 75482 zip code is a solid buyer's market with 18 months of inventory to choose from, aided by the downturn in contracts.
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There have been 21 homes sold in the 75482 zip code market over the last 30 days. During the same period, the number of new listings totaled 22, the fewest since January. During the same time frame, 75783 had the most of any other neighboring zip codes with 14 new listings. Prices are falling in the 75482 zip code, and this period the median price of all sales fell from $131,900 to $129,900. The 75482 zip code is still a definite buyer's market, even after the decrease in new listings, due to the large 13 months of inventory left.
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$139K  
Over the last 30 days, the 75482 zip code market showed positive signs with 30 homes sold, a 7.1% increase from last week's report. To put it in perspective, the close-by 75440 zip code registered 13 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 75482 zip code, and the median sales price this period increased from $131,200 to $131,900. Even after the uptick in sales, an elevated nine months of inventory tells us that the 75482 zip code is still a strong buyer's market.
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$250K  
In this week's report, the number of homes sold in the 75482 zip code market slid to 26 over the past 30 days, a decrease of 16.1% from last week's report, but still above the monthly average. Within the same time frame, the 75783 zip code had 12 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 75482 zip code, with the median for this period rising from $129,900 to $131,200. The 75482 zip code is a strong buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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