$289K  
This week in the 75859 zip code market, sales rose to five homes sold over the last 30 days, even with an established downward trend in price reductions, with five in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. The median sales price climbed to $346,000 over the latest reporting period for the 75859 zip code, up from $322,250. The 75859 zip code is still a solid buyer's market, due to the availability of 29 months of remaining inventory, even after the uptick in sales.
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$165K  
Over the last 30 days, a solid downward trend of new sellers coming into the 75859 zip code market continued, with 13 listings in this week's report. Meanwhile, sales remained flat, with four homes selling during the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price of all transactions in the 75859 zip code did not budge this week, remaining at $322,250. Along with flat sales, a relatively high 36 months of inventory indicates that the 75859 zip code is a solid buyer's market.
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With 1,875 residents, 75859 is a smaller-than-average zip code in Texas. Also, with a 12.6% increase over the last 10 years, its population is growing slightly slower than other parts of the state. Homes in the 75859 zip code are of moderate age with a median age of 23 years.
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$950K  
The 75859 zip code market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 5.0 monthly average with four homes sold. In comparison, the nearby 75110 zip code had 17 sales in the same time frame, the most of all neighboring zip codes. The median sales price has been increasing as it hit $322,250, extending a four-week long spike. The 75859 zip code is a definite buyer's market, due to a big 36 months of inventory left and aided by the dip in sales.
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$950K  
New listings have fallen in the 75859 zip code market, reaching a low that hasn't been seen since January. They also had a 30-day tally of three sales. In comparison, the 75110 zip code had 37 new listings in the same time frame, the most of all nearby zip codes. As the amount of new listings were reduced, prices went the opposite direction with the median sales price setting a three-month high at $350,000. Despite the lack of new listings and the overall rising prices, there are still 46 months of inventory left to work through, meaning the 75859 zip code is still a solid buyer's market.
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$299K  
The 75859 zip code market was even this week as sales remained at three homes over the prior 30 days, but the area is experiencing a new upward trend of contracts closing, now up to six. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price in the 75859 zip code stayed put this week at $325,000. With no movement in sales and the availability of 45 months of inventory, the 75859 zip code is a strong buyer's market.
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$447K  
The 75859 zip code market improved in this week's report, as the number of sales went up to three homes sold over the last 30 days. In comparison, the nearby 75110 zip code had 15 sales in the same time frame, the most of all neighboring zip codes. The median sales price jumped to $325,000, up from last week's $208,750. The 75859 zip code is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of 44 months of remaining inventory.
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$365K  
The 75859 zip code market remained soft this week as sales fell 50.0% to land at two homes sold over the last 30 days. Meanwhile, the 75110 zip code reported 16 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 75859 zip code, and the median sales price this period increased from $118,750 to $208,750. Along with the slip in sales, a relatively high 66 months of inventory indicates that the 75859 zip code is a solid buyer's market.
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$295K  
The 75859 zip code is much younger than the rest of Texas, with a median age of 45. It's affluent as well, with a median income of $54,872 per household. The 75859 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
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$447K  
Over the last 30 days, the 75859 zip code market showed healthy signs with four homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 75110 zip code registered 20 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 75859 zip code, and the median sales price this period increased from $92,500 to $118,750. The 75859 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 33 months of remaining inventory.
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