$375K  
The 76823 zip code market broke below its 12-month average sales volume this week as sales slid 66.7% to hit one home sold over the last 30 days. On the other hand, the close-by 76801 zip code registered 30 homes sold in the same period, the most of all surrounding zip codes. The median sales price jumped to $175,000 over the latest reporting period for the 76823 zip code, up from $135,000. With decreasing sales and the availability of 54 months of inventory, the 76823 zip code is a definite buyer's market.
Comments:

$3.2M  
Over the past 30 days, there have been fewer price cuts in the 76823 zip code market, continuing a three-week declining trend to land at two. However, home sales were up to three over the same period. While the number of price reductions trended lower, months of inventory is on a four-week downward trend, this week hitting 17 months. Despite the uptick in sales, the large amount of remaining inventory indicates that the 76823 zip code is still a definite buyer's market.
Comments:

The population of the 76823 zip code is growing slower than the rest of Texas, at a 10-year growth rate of -5.1%. It's a smaller-than-average zip code compared to the rest of the state, with 2,719 residents. Homes in the 76823 zip code are relatively old with a median age of 37 years.
Comments:

$140K  
Home sales in the 76823 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 33.3% to two homes sold over the last 30 days. In comparison, the nearby 76801 zip code had 28 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 76823 zip code, with the median for this period rising from $107,000 to $116,000. The 76823 zip code is a definite buyer's market, thanks to a big 26 months of inventory to choose from and a pullback in sales.
Comments:

$258K  
The 76823 zip code market pulled back with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.5 monthly average with two homes sold. In comparison, the nearby 76801 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 76823 zip code, and the median sales price this period increased from $49,900 to $78,450. With decreasing sales and the availability of 27 months of inventory, the 76823 zip code is a definite buyer's market.
Comments:

$175K  
With two homes sold in the 76823 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with five new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 76823 zip code, coming in at $40,950. The 76823 zip code is a definite buyer's market, due to a big 29 months of inventory left and aided by the flat sales.
Comments:

$258K  
The 76823 zip code market might be slowing in the coming weeks. Sales fell this week to two homes sold over the last 30 days, and there is an established downward trend in the number of new listings, with five going live in the same time frame. Prices are falling in the 76823 zip code, and this period the median price of all sales fell from $49,900 to $40,950. Along with the slip in sales, a relatively high 28 months of inventory indicates that the 76823 zip code is a strong buyer's market.
Comments:

$175K  
The 76823 zip code has a much younger population than other areas in Texas with a median age of 42 years. It is also less affluent than average with a median income of $36,552 per household. The 76823 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.
Comments:

$175K  
With three homes sold in the 76823 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price rose dramatically to $49,900 over the latest reporting period for the 76823 zip code, up from $35,500. The 76823 zip code is a definite buyer's market, thanks to a big 19 months of inventory to choose from and the flat sales.
Comments:

$175K  
Over the last 30 days, the 76823 zip code market looked solid 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. In comparison, the nearby 76801 zip code had 34 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 76823 zip code, and for this period the median sales price slid from $92,500 to $35,500. Even after the uptick in sales, an elevated 19 months of inventory tells us that the 76823 zip code is still a strong buyer's market.
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