$345K  
On top of a confirmed downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the 75860 zip code market dropped to three over the same stretch of time. The median sales price rose dramatically to $169,900, up from last week's $117,450. The 75860 zip code is a definite buyer's market, thanks to a big 16 months of inventory to choose from and a pullback in sales.
Comments:

75860 is an average-sized zip code in Texas with a population of 6,839 residents, and it has an average density compared to the rest of the state, with 41.6 people per square mile. With an ownership ratio of 62.1%, most people in the 75860 zip code are homeowners.
Comments:

$345K  
The number of sellers who put their homes up for sale in the 75860 zip code market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again four homes were sold. Prices are falling in the 75860 zip code, and this period the median price of all sales fell from $133,700 to $117,450. With no movement in sales and the availability of 12 months of inventory, the 75860 zip code is a strong buyer's market.
Comments:

$100K  
The number of sellers who put their homes up for sale in the 75860 zip code market over the last 30 days remained flat this week at four. Home sales also remained unchanged from the prior period and once again three homes were sold. The median sales price in the 75860 zip code stayed put this week at $97,500. Along with flat sales, a relatively high 17 months of inventory indicates that the 75860 zip code is a solid buyer's market.
Comments:

$131K  
The 75860 zip code market pulled back with a 25.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (2.9) with three homes sold. On the other hand, the close-by 75840 zip code registered five homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 75860 zip code, and this period the median price of all sales fell from $128,700 to $97,500. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 75860 zip code is a strong buyer's market.
Comments:

The 75860 zip code has a cost of living adjustment score of 83.5, which is average when compared to others in Texas. Also, the area is considered somewhat affluent with a median income of $44,389 per household. The 75860 zip code is made up of homes that are relatively old with a median of 37 years.
Comments:

$349K  
There were three homes sold in the 75860 zip code market over the last 30 days, while two contracts were executed. This marks the lowest amount since January, and could be a sign that the market is weakening. In comparison, 75859 led all other nearby zip codes with five contracts executed. As contracts hit a new low, the median sales price went in the opposite direction, trending up for four weeks to $159,900. Even with prices on the rise, the downturn in contracts and the availability of 16 months of inventory prove that the 75860 zip code is still a solid buyer's market.
Comments:

$215K  
The 75860 zip code market saw sales remain flat this week with three homes sold over the last 30 days but new listings tumbled to two. Months of inventory continued a steady fall, trending downwards for four weeks to reach 17 months. The 75860 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$229K  
Sales in the 75860 zip code market dropped to three homes sold over the last 30 days, while the number of sellers reducing their list prices reached four, which continues a new upward trend in price reductions. The median sales price jumped to $225,000 over the latest reporting period for the 75860 zip code, up from $95,703. The 75860 zip code is a strong buyer's market, due to a big 17 months of inventory left and aided by the dip in sales.
Comments:

$349K  
The 75860 zip code market has established a new upward trend, even as sales remained the same this week at five homes over the last 30 days. Prices are rising in the 75860 zip code, and the median sales price this period increased from $107,000 to $110,000. The 75860 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
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