Kerrville has a population that is much younger than most in Texas with a median age of 45 years. Also, it's somewhat affluent with a median income of $40,889 per household. Kerrville is an area where most people own their homes, with an ownership ratio of 55.0%. The best schools in the city are Daniels Elementary School and Peterson Middle School.
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The Kerrville market reported another in a series of 30-day periods with zero home sales. Kerrville usually averages 4.8 sales per month.
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The Kerrville market reported another in a series of 30-day periods with zero home sales. Kerrville usually averages 4.9 sales per month.
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Typically, Kerrville accounts for 5.1 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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Typically, Kerrville accounts for 5.2 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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The Kerrville market reported another 30-day period of zero home sales this week. Kerrville usually averages 5.4 sales per month.
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$1.8M  
The Kerrville market reported zero sales over the last 30 days, appearing to hit bottom after trending lower for four weeks.
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$770K  
Kerrville is a larger than average city in Texas that has seen a 10.1% increase in population over the last 10 years. It also has a total population of 22,347. Kerrville is made up of homes that are considered relatively old with a median of 33 years. Leading the list of best schools in the city are Daniels Elementary School and Peterson Middle School.
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$1.8M  
Fewer sellers put their homes up for sale in the Kerrville market over the last 30 days and the number of new listings fell this week to seven. Home sales remained unchanged from the prior period and once again three homes were sold. Months of inventory hit 14 this period, extending an upward trend to four weeks. Kerrville is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
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$267K  
The Kerrville market will be getting more competitive in the short term. Sales have fallen this week to three homes sold over the last 30 days, and there is also an emerging upward trend of new listings, with 10 going live in the same time frame. Potential buyers should note that prices are coming down in Kerrville, and for this period the median sales price slid from $242,000 to $228,000. Along with the slip in sales, a relatively high 14 months of inventory indicates that Kerrville is a strong buyer's market.
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