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 »
Corey Chambers
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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 »
Corey Chambers
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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 »
Corey Chambers
Your Home Sold GUARANTEED or I'll Buy it*
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