The 78608 zip code market was quiet this week as no sales were reported over the previous 30 days. The 78608 zip code usually averages 0.4 sales per month.
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78608 is a small zip code in Texas with 615 residents. Also, it has a lower than average density with 10.8 people per square mile. With a median age of 18 years, homes in the 78608 zip code tend to be of moderate age.
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The 78608 zip code market was quiet this week and reported zero home sales over the last 30 days. The 78608 zip code usually averages 0.4 sales per month.
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The number of homes coming into the 78608 zip code market stayed firm with zero 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 has been increasing as it hit $235,000, extending a four-week long spike. With only one month of inventory to sell, the 78608 zip code is a definite seller's market, in spite of the flat sales.
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$250K  
The 78608 zip code market is currently in the middle of a prolonged upward sales trend, even as sales fell to one home sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price rose to $235,000 over the latest reporting period for the 78608 zip code, up from $222,500.
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The 78608 zip code market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at zero. The median sales price in the 78608 zip code stayed put this week at $222,500.
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The population of the 78608 zip code is somewhat affluent compared to others in Texas with a median income of $46,521 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 93.3. With a median age of 18 years, homes in the 78608 zip code tend to be of moderate age.
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The 78608 zip code market made strides this week and remained above its average as sales rose 100.0% to reach two homes sold over the last 30 days. To put it in perspective, the close-by 78633 zip code registered 53 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 78608 zip code, and the median sales price this period increased from $210,000 to $222,500.
Comments:

$250K  
The number of homes coming into the 78608 zip code market stayed firm with zero 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 in the 78608 zip code stayed put this week at $210,000. In spite of flat sales, a low one month of inventory signals that the 78608 zip code is a strong seller's market.
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$250K  
Sellers in the 78608 zip code weren't able to find buyers for their properties, resulting in a 30 day period of no sales. The 78608 zip code usually averages 0.2 sales per month.
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