$249K  
Sales rose to four homes sold in the Merkel market over the last 30 days. However, an emerging downturn in the amount of pending transactions continued, with one completed in the same period. As contracts trended lower, prices have been increasing. The median sales price hit $139,750, extending a four-week long spike. Merkel is still a definite buyer's market, in spite of the rise in prices, thanks to the availability of nine months of remaining inventory.
Comments:

$249K  
The Merkel market is currently in the middle of an extended upward sales trend, extended as sales rose to three homes sold over the last 30 days. Prices are falling in Merkel, and this period the median price of all sales fell from $118,325 to $99,500. Merkel is a still definite buyer's market, in spite of the rising sales numbers, due to the availability of 12 months of remaining inventory.
Comments:

$125K  
Merkel is a larger than average city in Texas with 2,590 residents. Its population is also growing slower than others at a 10-year growth rate of -0.6%. The Merkel market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Merkel Elementary School.
Comments:

$124K  
The Merkel market saw sales remain flat this week with two homes sold over the last 30 days but new listings tumbled to one. Pricing in Merkel remains consistent from last week to this week, with the median sales price at $118,325 again. Merkel is a strong buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

$124K  
The number of homes coming into the Merkel market stayed firm with two listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for Merkel, coming in at $118,325. Merkel is a strong buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

$124K  
There have been two homes sold in the Merkel market over the last 30 days. During the same period, the number of new listings totaled two, the fewest since October. In comparison, Abilene had 124 new listings in the same time frame, the most of all nearby cities. Prices are falling in Merkel, and this period the median price of all sales fell from $158,750 to $118,325. Merkel is still a strong buyer's market, due to the availability of 20 months of remaining inventory, even after the uptick in sales.
Comments:

$124K  
This week in the Merkel market, sales ticked up to one home sold over the last 30 days, which might be due in part to a confirmed upward trend in price reductions, with eight being reported in the same time frame. Merkel is still a definite buyer's market, due to the availability of 40 months of remaining inventory, even after the uptick in sales.
Comments:

$172K  
Yet again, no deals were completed in the Merkel market over the last 30 days. Merkel is used to having 2.0 sales per month.
Comments:

$172K  
Typically, Merkel accounts for 2.1 sales per month. This time sellers weren't able to find buyers for their properties, resulting in another 30 day period of no sales. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks.
Comments:

$125K  
Merkel is a city in Texas. It's less affluent than average and the cost of living is less expensive compared to the rest of the state, with a median income of $37,965 per household and cost of living adjustment score of 77.1. Homes in Merkel are older than most with a median age of 43 years. The top school in the city is Merkel Elementary School.
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