91001 Zip Code Real Estate Market Continues Downward Trend in Contracts

Sales fell to 36 homes sold in the 91001 zip code market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with 19 completed in the same period. Potential buyers should note that prices are coming down in the 91001 zip code, and for this period the median sales price slid from $739,000 to $680,000. With only three months of inventory to sell, the 91001 zip code is a still seller's market, even after taking into consideration the falling contracts numbers.

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Demographic facts about the 91001 zip code:

  • The population has decreased 2.3% in the last 10 years.
  • This area has a safety rating of 53. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 32 minutes.

Data reported through 10/12/2016


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