Home Sales Bottom in 90250 Zip Code Real Estate Market

Hitting a record low dating back to July, 28 homes were sold in the 90250 zip code market over the last 30 days. This represents a 15.2% decrease in sales activity. In comparison, 90044 led all other nearby zip codes with 56 sales. Furthermore, a nine-week upward trend in price reductions is expected to come to an end over the coming weeks. As sales reached a new bottom, the median sales price dropped, hitting a three-month low at $550,000. With only three months of inventory to sell, the 90250 zip code is still a seller's market, even after considering the falling sales numbers and prices.

If you don't want to spend too much for a home, start by taking a look a these affordable listings in the 90250 zip code:

$339K   $370K   $374K  

Get started right now by checking out 90250 homes for sale or reviewing 90250 real estate trends.

Demographic facts about the 90250 zip code:

  • The average elevation is 94 ft.
  • The median income for the homes in this area is $41,657.
  • For every counselor there are 733 students in this area. (513 = national average)

Data reported through 10/12/2016

Comments:

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Nu Age Realty
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Calfornia Homes Network
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