In this week's report, the number of homes sold in the 94089 zip code market dropped to seven over the past 30 days. It marked a decrease of 30.0% from last week's report and a fall below the monthly average. On the other hand, the close-by 94538 zip code registered 51 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 94089 zip code, and the median sales price this period increased from $1,057,500 to $1,085,000. In spite of the decrease in sales, a low two months of inventory signals that the 94089 zip code is a solid seller's market.
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