Wednesday, September 28, 2016

The number of sellers reducing prices in the 90031 zip code market...

trended up to eight over the last 30 days, extending a six-week streak. During the same period, 11 sales were completed. The median sales price dropped to $512,000, down from last week's $570,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 90031 zip code is a seller's market.
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Real Estate Update for 90031
Sep 22 - The number of sellers reducing prices in the 90031 zip code market trended up to eight over the last 30 days, extending a six-week streak. During the same period, 11 sales were completed. The median sales price dropped to $512,000, down from last week's $570,000. Despite the slip ... Read more »
Corey Chambers
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Real Estate Update for 90802
Sep 22 - The 90802 zip code market slowed with a 14.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 44.8 monthly average with 42 homes sold. Meanwhile, the 90803 zip code reported 42 home sales, the highest number from all the surrounding zip codes. The median sales p... Read more »
Corey Chambers
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Real Estate Update for 92703
Sep 21 - With a confirmed downward trend of new sellers listing homes, including 17 over the last 30 days, and sales that ticked up to 24 in that same time frame, the 92703 zip code market will be less intense. Potential buyers should note that prices are coming down in the 92703 zip code,... Read more »
Corey Chambers
Your Home Sold GUARANTEED or I'll Buy it*
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