Typically, Stephenville accounts for 16.6 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.
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Stephenville is a larger than average city in Texas with 17,123 residents. Its population is growing about even with the rest of the state, at a 10-year growth rate of 14.8%. Detached homes account for 100% of the area's current housing market. The best school in the city is Bluff Dale Elementary School.
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The Stephenville market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Stephenville usually averages 17.1 sales per month.
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The Stephenville market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for 11 weeks.
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The Stephenville market remained cold with three homes sold in the last 30 days, a 70.0% sales drop. In comparison, nearby Granbury had 17 sales in the same time frame, the most of all neighboring cities. Prices were able to climb as this week's reported median sales price of $202,000 continued a four-week upswing. Stephenville is a solid buyer's market, thanks to a big 40 months of inventory to choose from and a pullback in sales.
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The Stephenville market remained sluggish this week as sales dropped 16.7% to land at 10 homes sold over the last 30 days. Within the same time frame, Granbury had 31 sales, the most of all cities in the area. Months of inventory hit 12 this period, extending an upward trend to eight weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Stephenville is a definite buyer's market.
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Home sales in the Stephenville market remained slow in this week's report as they fell 25.0% to 12 homes sold over the last 30 days. In comparison, nearby Granbury had 35 sales in the same time frame, the most of all neighboring cities. The median sales price remained unchanged over the latest reporting period for Stephenville, coming in at $147,250. Stephenville is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
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Stephenville has a population that is much older than most in Texas with a median age of 25 years. Also, it's less affluent than average with a median income of $35,463 per household. Keep in mind, 41.1% of the homes in Stephenville are owned, while 47.7% are rented. The best school in the city is Bluff Dale Elementary School.
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$599K  
The Stephenville remained below its 12-month average sales volume this week as sales dropped 5.9% to hit 16 homes sold over the last 30 days. Meanwhile, close-by Granbury reported 39 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Stephenville, with the median for this period rising from $145,000 to $147,250. Stephenville is a solid buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
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$1.4M  
The Stephenville market showed gains in this week's report, as the number of sales went up to 17 homes sold over the last 30 days. At the same time, close-by Granbury reported 27 home sales, the highest number from all the surrounding cities. Prices were able to find a top with the average selling price rising to $145,000, a three-month high. Despite the rising prices, with seven months of inventory left to work through, Stephenville is still a definite buyer's market.
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