Wednesday, January 25, 2017

Home sales in the 90031 zip code market dipped below its average...

sales volume for the prior 12-month period. In this week's report, they slid 35.3% to 11 homes sold over the last 30 days. In comparison, the nearby 90042 zip code had 39 sales in the same time frame, the most of all neighboring zip codes. Months of inventory in the 90031 zip code shot up to four but prices came down, as the median sales price dropped to $422,000.
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Real Estate Update for 90031
Jan 19 - Home sales in the 90031 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 35.3% to 11 homes sold over the last 30 days. In comparison, the nearby 90042 zip code had 39 sales in the same time frame, the most of all neighboring zip codes. ... Read more »
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Real Estate Update for 90802
Jan 20 - In this week's report, the number of homes sold in the 90802 zip code market slid to 35 over the past 30 days. It marked a decrease of 5.4% from last week's report and another period below the monthly average. Within the same time frame, the 90731 zip code had 34 sales, the most of all zip codes in the a... Read more »
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Real Estate Update for 92703
Jan 18 - Over the last 30 days, the 92703 zip code market was active with 15 homes sold. It marks a 25.0% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, the 92705 zip code had 32 sales, the most of all zip codes in the area. T... Read more »
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Wednesday, January 18, 2017

The 90031 zip code market saw eight homes go under contract and...

failed to break out of an established downward trend. Along with that, total home sales fell to 17 over the last 30 days. 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 dropped to $490,000 over the latest reporting period for the 90031 zip code, down from $530,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that the 90031 zip code is a still solid seller's market.
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Real Estate Update for 90031
Jan 11 - The 90031 zip code market saw eight homes go under contract and failed to break out of an established downward trend. Along with that, total home sales fell to 17 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions ... Read more »
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Real Estate Update for 90802
Jan 12 - The 90802 zip code market saw sales remain steady this week at 37 homes sold over the last 30 days, while it undergoes a solid downward trend in price reductions, with 25 in the same time frame. The median sales price in the 90802 zip code stayed put this week at $305,000. Despite... Read more »
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Real Estate Update for 92703
Jan 11 - Sales fell to 11 homes sold over the last 30 days in the 92703 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 13 for the same period. All indications show that the trend may be coming to ... Read more »
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