$895K  
Fewer sellers put their homes up for sale in the Lake Brownwood market over the last 30 days and the number of new listings plummeted this week to one. Home sales remained unchanged from the prior period and once again three homes were sold. Prices are rising in Lake Brownwood, and the median sales price this period increased from $27,000 to $55,000. Lake Brownwood is a definite buyer's market, due to a big 14 months of inventory left and aided by the flat sales.
Comments:

$895K  
The Lake Brownwood market might be slowing in the coming weeks. Sales dropped this week to three homes sold over the last 30 days, and there is a long downward trend in the number of new listings, with two going live in the same time frame. The median sales price dropped dramatically to $27,000 over the latest reporting period for Lake Brownwood, down from $41,000. Lake Brownwood is a definite buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$950K  
The Lake Brownwood market extended a three-week hot streak this week, even as sales remained flat at four homes sold over the last 30 days. The median sales price jumped to $41,000 over the latest reporting period for Lake Brownwood, up from $31,000. With no movement in sales and the availability of 12 months of inventory, Lake Brownwood is a definite buyer's market.
Comments:

The population of Lake Brownwood is less affluent than average compared to others in Texas with a median income of $32,846 per household. It's also considered a less expensive city in terms of affordability with a cost of living adjustment score of 78.2. Lake Brownwood is made up of homes that are considered relatively old with a median of 31 years. The top school in the city is Ron Jackson State Juvenile Corr Complex Unit I.
Comments:

$795K  
With a budding downward trend of new sellers listing homes, including five over the last 30 days, and sales that remained flat at three in that same time frame, the Lake Brownwood market will be slowing. The median sales price remained unchanged over the latest reporting period for Lake Brownwood, coming in at $35,000. Lake Brownwood is a definite buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
Comments:

$115K  
Over the last 30 days, the Lake Brownwood market showed healthy signs with three homes sold. It marks a 50.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, Brownwood had 18 sales, the most of all cities in the area. The median sales price dropped to $35,000, extending a four-week long spiral. Even after the uptick in sales, an elevated 16 months of inventory tells us that Lake Brownwood is still a definite buyer's market.
Comments:

$795K  
Over the last 30 days, the Lake Brownwood market showed healthy signs with two homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, Brownwood had 20 sales, the most of all cities in the area. Potential buyers should note that prices went up in Lake Brownwood, with the median for this period rising from $34,900 to $34,950. Lake Brownwood is still a definite buyer's market, due to the availability of 22 months of remaining inventory, even after the uptick in sales.
Comments:

$115K  
Sales fell to one home sold over the last 30 days in the Lake Brownwood market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to six for the same period. As new listings trended lower, the median sales price for the homes that have sold fell as well, hitting a three-month low at $34,900. Lake Brownwood is a definite buyer's market, due to falling prices and a large 43 months of inventory left.
Comments:

$795K  
Home sales inched up to two homes sold over the last 30 days, providing a boost to the Lake Brownwood market. That may continue, due to a nine-week upward trend for contracts, with five in the same time frame. The median sales price tumbled to $62,450 over the latest reporting period for Lake Brownwood, down from $90,000. Even with the rising contracts, with 22 months of inventory available, Lake Brownwood is a still definite buyer's market.
Comments:

$260K  
Lake Brownwood is an average-sized city in Texas with 1,532 residents. Also, it has seen a 2.5% decrease in population over the last 10 years. It should be noted that at 55.6%, most people own their homes in Lake Brownwood. The top school in the city is Ron Jackson State Juvenile Corr Complex Unit I.
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