$339K  
The 79562 zip code market closed in on its 12-month sales average this week as sales rose 16.7% to reach seven homes sold over the last 30 days. To put it in perspective, the close-by 79605 zip code registered 36 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 79562 zip code, and for this period the median sales price slid from $289,450 to $250,000. The 79562 zip code is still a definite buyer's market, due to the availability of 17 months of remaining inventory, even after the uptick in sales.
Comments:

$339K  
With 3,744 residents, 79562 is an average-sized zip code in Texas. Also, with 28.0 people per square mile, it has a lower than average density in comparison to other parts of the state. The 79562 zip code is an area where most people own their homes, with an ownership ratio of 79.0%.
Comments:

$899K  
Home sales in the 79562 zip code market remained cold in this week's report as they fell 14.3% to six homes sold over the last 30 days. Meanwhile, the 79606 zip code reported 36 home sales, the highest number from all the surrounding zip codes. The median sales price climbed to $289,450, up from last week's $289,000. Along with the slip in sales, a relatively high 20 months of inventory indicates that the 79562 zip code is a definite buyer's market.
Comments:

$725K  
The 79562 zip code market showed improvement this week as sales rose 16.7% to hit seven homes sold over the last 30 days. Within the same time frame, the 79606 zip code had 35 sales, the most of all zip codes in the area. The median sales price climbed to $289,000 over the latest reporting period for the 79562 zip code, up from $284,250. The 79562 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 16 months of remaining inventory.
Comments:

$109K  
Over the last 30 days, six homes were sold in the 79562 zip code market, up 20.0%. However, the market is still in an emerging downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. A months of inventory number of 20 reported this week continued a four-week upward trend, to go along with the weak sales in the area. The 79562 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of such a large amount of remaining inventory.
Comments:

$149K  
Sales stayed firm at five homes sold over the last 30 days in the 79562 zip code market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 14 for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are rising in the 79562 zip code, and the median sales price this period increased from $154,900 to $279,500. Along with flat sales, a relatively high 23 months of inventory indicates that the 79562 zip code is a definite buyer's market.
Comments:

$254K  
The number of price cuts in the 79562 zip code market climbed to 10 over the last 30 days, furthering a determined positive trend. Despite drops in list prices, sales also decreased to four homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Even as the number of sellers lowering their price trended higher, months of inventory continued to climb, hitting a one-year high at 29 months. Along with the slip in sales, the higher-than-normal inventory indicates that the 79562 zip code is a solid buyer's market.
Comments:

$245K  
79562 is a zip code in Texas. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $59,657 per household and cost of living adjustment score of 105.2. Homes in the 79562 zip code are relatively old with a median age of 25 years.
Comments:

$899K  
Home sales in the 79562 zip code market remained slow in this week's report as they fell 14.3% to six homes sold over the last 30 days. Meanwhile, the 79602 zip code reported 39 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $218,900 over the latest reporting period for the 79562 zip code, down from $219,900. The 79562 zip code is a definite buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$375K  
Sales fell in the 79562 zip code market to seven homes sold over the last 30 days. It's also under an identifiable downward trend in the number of contracts closing, with this week's number falling to six. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $219,900 over the latest reporting period for the 79562 zip code, down from $259,900. With a downward trend in contracts numbers and 16 months of inventory still left to work through, the 79562 zip code is a strong buyer's market.
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