The 97219 zip code market may be nearing a bottom. The number of contracts executed fell to 79, the lowest levels since April. However, sales seem to be trending upward, climbing to 62 homes sold over the last 30 days. During the same time frame, 97206 had the most of any other neighboring zip codes with 98 contracts executed. The median sales price rose to $452,500 over the latest reporting period for the 97219 zip code, up from $450,950. There are only three months of inventory available in the 97219 zip code, so it's still seller's market, even with the shrinking contracts numbers.
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