$224K  
With a solid downward trend of new sellers listing homes, including two over the last 30 days, and sales that remained flat at one in that same time frame, the Hico market will be cooling. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for Hico, coming in at $39,950. Hico is a strong buyer's market, thanks to a big 25 months of inventory to choose from and the flat sales.
Comments:

$224K  
In this week's report, the number of homes sold in the Hico market slid to one over the past 30 days, a decrease of 50.0% from last week's report. Meanwhile, close-by Granbury reported 36 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Hico, and for this period the median sales price slid from $72,925 to $39,950. Hico is a definite buyer's market, due to a big 25 months of inventory left and aided by the dip in sales.
Comments:

$224K  
Sales fell to two homes sold over the last 30 days in the Hico market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. While new listing numbers dropped, prices were able to climb. This week's reported median sales price of $157,900 continued a four-week upswing. Hico is a definite buyer's market, due to a big 13 months of inventory left and aided by the dip in sales.
Comments:

$225K  
Over the last 30 days, the sale of three homes took place in the Hico market. This shows a 40.0% reduction from the prior period but the area remains on a confirmed upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price in Hico stayed put this week at $105,900. With decreasing sales and the availability of nine months of inventory, Hico is a solid buyer's market.
Comments:

$225K  
Despite an emerging downward trend in sellers reducing price, including two markdowns over the last 30 days, sales in the Hico market rose to five over the same stretch of time. The median sales price climbed to $105,900 over the latest reporting period for Hico, up from $91,200.
Comments:

$142K  
The number of home sales in the Hico market climbed 33.3% to four homes over the last 30 days, above the 1.9 monthly average. In comparison, nearby Granbury had 32 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Hico, with the median for this period rising from $67,500 to $91,200. Hico is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$142K  
Hico has a population that is younger than most in Texas with a median age of 40 years. Also, it's less affluent than average with a median income of $33,699 per household. Keep in mind, most people in Hico own their homes, with a 54.1% ownership ratio. The top school in the city is Hico Elementary School.
Comments:

$225K  
Over the last 30 days, the Hico market made gains with three homes sold, a 50.0% increase from last week's report. At the same time, close-by Granbury reported 33 home sales, the highest number from all the surrounding cities. The median sales price climbed to $67,500, up from last week's $61,825. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Hico is still a definite buyer's market.
Comments:

$225K  
The Hico market was active in this week's report, as the number of sales went up to two homes sold over the last 30 days. To put it in perspective, close-by Granbury registered 33 homes sold in the same time frame, the most of all surrounding cities. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning Hico is still a definite buyer's market.
Comments:

$142K  
Typically, Hico accounts for 1.9 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks.
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