The 76667 zip code market reported another in a series of 30-day periods with zero home sales. The 76667 zip code usually averages 2.1 sales per month.
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Once again, no deals were completed in the 76667 zip code market over the last 30 days. The 76667 zip code is used to having 2.1 sales per month.
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76667 is a larger than average zip code in Texas with a population of 11,242 residents. Also, it has an average density with 77.1 people per square mile. Keep in mind, most people in the 76667 zip code own their homes, with a 60.8% ownership ratio.
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The 76667 zip code market seems to have gone completely and unexpectedly quiet as no sales were reported over the previous 30 days. The 76667 zip code usually averages 2.2 sales per month.
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$132K  
Over the past 30 days, there have been fewer price cuts in the 76667 zip code market, continuing a six-week declining trend to land at two. However, home sales remained flat with one over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Pricing in the 76667 zip code remains consistent from last week to this week, with the median sales price at $45,000 again. The 76667 zip code is a definite buyer's market, due to a big 34 months of inventory left and aided by the flat sales.
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Fewer sellers put their homes up for sale in the 76667 zip code market over the last 30 days and the number of new listings fell this week to four. Home sales remained unchanged from the prior period and once again one home was sold. Months of inventory hit 33 this period, extending an upward trend to eight weeks. The 76667 zip code is a solid buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$132K  
The 76667 zip code market remained soft this week as sales dropped 50.0% to land at one home sold over the last 30 days. In comparison, the nearby 75840 zip code had seven sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 76667 zip code, and for this period the median sales price slid from $47,450 to $45,000. The 76667 zip code is a definite buyer's market, due to a big 35 months of inventory left and aided by the dip in sales.
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$109K  
A six-week rough patch for the overall sales trend continues in the 76667 zip code market. On a positive note, the number of sales actually rose 100.0% over the last 30 days to two. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Potential buyers should note that prices are coming down in the 76667 zip code, and for this period the median sales price slid from $49,900 to $47,450. The 76667 zip code is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
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The 76667 zip code has a cost of living adjustment score of 80.9, which is less expensive when compared to others in Texas. Also, the area is considered less affluent than average with a median income of $36,265 per household. With a median age of 37 years, homes in the 76667 zip code tend to be relatively old.
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$134K  
The number of homes coming into the 76667 zip code market spiked to four listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in the 76667 zip code did not budge this week, remaining at $49,900. The 76667 zip code is a definite buyer's market, thanks to a big 31 months of inventory to choose from and the flat sales.
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