Over the last 30 days, the 77802 zip code market was steady and saw one home sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. 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 in the 77802 zip code stayed put this week at $208,000. A downturn in contracts, coupled with the availability of 18 months of inventory, prove that the 77802 zip code is a strong buyer's market.
Comments:

The number of homes coming into the 77802 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 remained unchanged over the latest reporting period for the 77802 zip code, coming in at $208,000. The 77802 zip code is a definite buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

77802 is a affluent zip code in Texas with a median income of $48,237 per household. The population is also considered older than most with a median age of 34 years. Keep in mind, 51.0% of the homes in the 77802 zip code are owned, while 40.6% are rented. The best school in the zip code is Johnson Elementary School.
Comments:

The number of sellers who put their homes up for sale in the 77802 zip code market over the last 30 days remained flat this week at zero. Home sales also remained unchanged from the prior period and once again one home was sold. Pricing in the 77802 zip code remains consistent from last week to this week, with the median sales price at $208,000 again. The 77802 zip code is a solid buyer's market, thanks to a big 18 months of inventory to choose from and the flat sales.
Comments:

Sales rose to one home sold in the 77802 zip code market over the last 30 days. However, a recent downturn in the amount of pending transactions continued, with zero completed in the same period. The 77802 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 18 months of remaining inventory.
Comments:

Yet again, no deals were completed in the 77802 zip code market over the last 30 days. The 77802 zip code is used to having 3.3 sales per month.
Comments:

$3.9M  
Once again, no deals were completed in the 77802 zip code market over the last 30 days. The 77802 zip code is used to having 3.3 sales per month.
Comments:

$3.9M  
Over the last 30 days, no deals were completed in the 77802 zip code market. It further extends an eight-weeks downward trend in sales. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks.
Comments:

$967K  
77802 is a larger than average zip code in Texas with 23,199 residents. Also, it has seen a 15.8% increase in population over the last 10 years. The 77802 zip code market primarily consists of detached houses, accounting for 84% of the current homes in the area. Heading the list of top schools in the zip code is Johnson Elementary School.
Comments:

$3.9M  
Sales fell to one home sold over the last 30 days in the 77802 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to three for the same period. The median sales price dropped to $150,000, down from last week's $156,000. With decreasing sales and the availability of 19 months of inventory, the 77802 zip code is a solid buyer's market.
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Twelve Realty
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Keller Williams
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RE/MAX Vintage
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