Sales in the 97014 zip code market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price of all transactions in the 97014 zip code did not budge this week, remaining at $325,000. The 97014 zip code is a solid buyer's market, due to a big nine months of inventory left and aided by the flat sales.
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