Wednesday, August 26, 2015

Weekly Update: new listings, contracts and sales

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Real Estate Update for 90031
The 90031 zip code market showed strong improvement this week as sales spiked 75.0% to reach 14 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. To put it in perspective, the close-by 90042 zip code registered 74 homes sold in the same period, the most of...
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Real Estate Update for 90802
The 90802 zip code market took a step back this week as sales fell to 44 homes sold over the last 30 days. However, the number of homes under contract shows an identifiable upward trend, and is now at 59. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. ...
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Real Estate Update for 92703
The number of homes coming into the 92703 zip code market fell to 32 listings over the last 30 days, while sales remained right where they were as once again 14 homes were sold over the same period. The median sales price rose to $430,000 over the latest reporting period for the 92703 zip code, up from $423,000.
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