Yet again, no deals were completed in the Erath County market over the last 30 days. Erath County is used to having 39.8 sales per month.
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The Erath County market reported another 30-day period of zero home sales this week. Erath County usually averages 40.6 sales per month.
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Over the last 30 days, no deals were completed in the Erath County market. It further extends a two-weeks downward trend in sales.
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The Erath County market remained sluggish with eight homes sold in the last 30 days, a 70.4% sales drop. Within the same time period, Parker County had 56 sales, the most of all counties in the area. The median sales price climbed to $159,750, up from last week's $134,900. Along with the slip in sales, a relatively high 66 months of inventory indicates that Erath County is a definite buyer's market.
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The Erath County market remained slow this week as sales fell 18.2% to land at 27 homes sold over the last 30 days. On the other hand, close-by Parker County registered 139 home sales in the same period, the most of all surrounding counties. The median sales price remained unchanged over the latest reporting period for Erath County, coming in at $134,900. Erath County is a solid buyer's market, due to a big 20 months of inventory left and aided by the dip in sales.
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Erath County is a larger than average county in Texas with 37,890 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 14.8%. 76401, 76446, and 76457 are its three most populated zip codes. The Erath County market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Topping the list of best schools in the county is Bluff Dale Elementary School.
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Home sales in the Erath County market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 28.3% to 33 homes sold over the last 30 days. Meanwhile, Parker County reported 205 home sales, the highest number from all the surrounding counties. Potential buyers should note that prices are coming down in Erath County, and for this period the median sales price slid from $147,250 to $134,900. Erath County is a strong buyer's market, due to a big 16 months of inventory left and aided by the dip in sales.
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$1.1M  
The Erath County market slowed with an 11.5% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (44.0) with 46 homes sold. In comparison, nearby Parker County had 287 sales in the same time frame, the most of all neighboring counties. The median sales price dropped to $147,250 over the latest reporting period for Erath County, down from $151,750. With decreasing sales and the availability of 12 months of inventory, Erath County is a definite buyer's market.
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$850K  
The Erath County market looked busy this week as sales rose 18.2% to hit 52 homes sold over the last 30 days. To put it in perspective, close-by Parker County registered 307 home sales in the same period, the most of all surrounding counties. Prices are rising in Erath County, and the median sales price this period increased from $132,500 to $151,750. Erath County is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 10 months of remaining inventory.
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$850K  
Sales fell in the Erath County market to 43 homes sold over the last 30 days. It's also under a new downward trend in the number of contracts closing, with this week's number falling to 33. The median sales price dropped to $130,000 over the latest reporting period for Erath County, down from $175,000. A downturn in contracts, coupled with the availability of 12 months of inventory, prove that Erath County is a definite buyer's market.
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