$120K  
While home sales in the Homestead Meadows North market have been above average, in this week's report they tumbled 28.6% to five homes sold over the last 30 days. On the other hand, close-by El Paso registered 525 homes sold in the same time frame, the most of all surrounding cities. A months of inventory number of 15 reported this week continued a four-week downward trend. With decreasing sales and the availability of so much inventory, Homestead Meadows North is a definite buyer's market.
Comments:

$699K  
The Homestead Meadows North market is enjoying a prolonged upward trend, even as sales remained flat at three homes 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 remained unchanged over the latest reporting period for Homestead Meadows North, coming in at $79,900. Homestead Meadows North is a solid buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.
Comments:

$105K  
The number of price cuts in the Homestead Meadows North market climbed to five over the last 30 days, furthering a confirmed positive trend. Perhaps due to the decreases in list prices, sales increased to three homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Homestead Meadows North, and for this period the median sales price slid from $98,950 to $79,900. Homestead Meadows North is still a definite buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

With 5,124 residents, Homestead Meadows North is a larger than average city in Texas. Also, with a 13.1% decrease over the last 10 years, its population is shrinking slower than other parts of the state. Homes in Homestead Meadows North are of moderate age with a median age of 17 years. The top school in the city is Red Sands Elementary School.
Comments:

$274K  
Over the last 30 days, the Homestead Meadows North market improved with two homes sold. In comparison, nearby El Paso had 419 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Homestead Meadows North, with the median for this period rising from $19,000 to $98,950. Homestead Meadows North is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 19 months of remaining inventory.
Comments:

$550K  
With one home sold in the Homestead Meadows North market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with six new listings for buyers to choose from. Months of inventory hit 39 this period, extending an upward trend to four weeks. With decreasing sales and the availability of so much inventory, Homestead Meadows North is a strong buyer's market.
Comments:

$249K  
The Homestead Meadows North market remained cool this week as sales slid 50.0% to land at one home sold over the last 30 days. On the other hand, close-by El Paso registered 432 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Homestead Meadows North, and this period the median price of all sales fell from $86,000 to $19,000. Homestead Meadows North is a definite buyer's market, thanks to a big 38 months of inventory to choose from and a pullback in sales.
Comments:

$144K  
Over the last 30 days, sales in the Homestead Meadows North market remained at their current pace of two homes. However, the amount of pending transactions continued to improve, reaching a total of two during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price remained unchanged over the latest reporting period for Homestead Meadows North, coming in at $86,000. With no movement in sales and the availability of 19 months of inventory, Homestead Meadows North is a definite buyer's market.
Comments:

$560K  
The Homestead Meadows North market improved in this week's report, as the number of sales went up to two homes sold over the last 30 days. To put it in perspective, close-by El Paso registered 388 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Homestead Meadows North, and for this period the median sales price slid from $153,000 to $86,000. Despite the uptick in sales, there are still 18 months of inventory left to work through, meaning Homestead Meadows North is still a solid buyer's market.
Comments:

$101K  
Over the last 30 days, one home was sold in the Homestead Meadows North market, holding even with last week's numbers. However, the market is still in a recent downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. At the same time that sales trended lower, months of inventory expectedly rose to 36, its highest point since September. Homestead Meadows North is still a strong buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
Comments:
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