In this week's report, the number of homes sold in the 92123 zip code market slid to 22 over the past 30 days. It marked a decrease of 4.3% from last week's report and another period below the monthly average. On the other hand, the close-by 92101 zip code registered 74 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $537,000 over the latest reporting period for the 92123 zip code, up from $515,000. With only two months of inventory to sell, the 92123 zip code is a definite seller's market, in spite of the dip in sales.
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