New Downward Trend in Contracts for 97002 Zip Code Real Estate Market

The 97002 zip code market saw sales remain consistent with 12 homes sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to 12. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. While contracts were soft, months of inventory were further reduced to four, extending a downward trend to four weeks.

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$380K   $749K   $409K  

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Demographic facts for the 97002 zip code:

  • The population growth rating is 71. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 182.7 physicians.
  • The health cost index score in this area is 115.8. (100 = national average)
  • 68.4% of the residents travel to work in an automobile, 12.6% via carpool, and 0.7% by way of public transit.

Data reported through 10/12/2016

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