$1.1M  
Over the last 30 days, the 79562 zip code market made gains with 15 homes sold, a 7.1% increase from last week's report. To put it in perspective, the close-by 79606 zip code registered 50 homes sold in the same period, the most of all surrounding zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $249,900. Despite the rising prices, with eight months of inventory left to work through, the 79562 zip code is still a solid buyer's market.
Comments:

$325K  
Sales fell to 14 homes sold in the 79562 zip code market over the last 30 days. Furthermore, a new downturn in the number of pending transactions continued, with six completed in the same period. Potential buyers should note that prices went up in the 79562 zip code, with the median for this period rising from $245,000 to $247,450. A downturn in contracts, coupled with the availability of nine months of inventory, prove that the 79562 zip code is a solid buyer's market.
Comments:

$229K  
Sales in the 79562 zip code market jumped to 15 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 10 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Potential buyers should note that prices went up in the 79562 zip code, with the median for this period rising from $247,400 to $249,900. Even after the uptick in sales, an elevated eight months of inventory tells us that the 79562 zip code is still a definite buyer's market.
Comments:

79562 is an average-sized zip code in Texas with a population of 3,744 residents, and it has a lower than average density compared to the rest of the state, with 28.0 people per square mile. Keep in mind, most people in the 79562 zip code own their homes, with a 79.0% ownership ratio.
Comments:

$989K  
The 79562 zip code market pulled back with a 36.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 9.5 monthly average with seven homes sold. In comparison, the nearby 79606 zip code had 44 sales in the same time frame, the most of all neighboring zip codes. The median sales price of all transactions in the 79562 zip code did not budge this week, remaining at $244,900. Along with the slip in sales, a relatively high 16 months of inventory indicates that the 79562 zip code is a solid buyer's market.
Comments:

$179K  
The number of sellers who put their homes up for sale in the 79562 zip code market over the last 30 days remained flat this week at 14. Home sales also remained unchanged from the prior period and once again 11 homes were sold. The median sales price dropped to $244,900, down from last week's $249,900. The 79562 zip code is a solid buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

$899K  
In this week's report, the number of homes sold in the 79562 zip code market plummeted to 11 over the past 30 days, a decrease of 26.7% from last week's report, but still above the monthly average. On the other hand, the close-by 79606 zip code registered 52 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 79562 zip code, and the median sales price this period increased from $219,500 to $249,900. With decreasing sales and the availability of 10 months of inventory, 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 13 over the last 30 days, furthering a confirmed positive trend. Despite drops in list prices, sales also decreased to 15 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $219,500 over the latest reporting period for the 79562 zip code, down from $234,250. The 79562 zip code is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

$398K  
More sellers put their homes up for sale in the 79562 zip code market over the last 30 days and the number of new listings rose this week to 13. Home sales remained unchanged from the prior period and once again 14 homes were sold. Potential buyers should note that prices are coming down in the 79562 zip code, and for this period the median sales price slid from $219,500 to $194,700. Along with flat sales, a relatively high eight months of inventory indicates that the 79562 zip code is a definite buyer's market.
Comments:

$339K  
The 79562 zip code has a cost of living adjustment score of 105.2, which is very expensive when compared to others in Texas. Also, the area is considered very affluent with a median income of $59,657 per household. Homes in the 79562 zip code are relatively old with a median age of 25 years.
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