90032 Zip Code Real Estate Market Extends Downward Trend in Contracts

The 90032 zip code market saw 18 homes go under contract and failed to break out of a confirmed downward trend. Along with that, total home sales fell to 28 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are falling in the 90032 zip code, and this period the median price of all sales fell from $486,750 to $467,500. In spite of contracts trending lower, there are only two months of inventory available, which signals that the 90032 zip code is a still definite seller's market.

Want to get a head start on other buyers? Check out these new listings in the 90032 zip code:

$619K   $518K   $484K  

Get started right now by checking out 90032 homes for sale or reviewing 90032 real estate trends.

Demographic facts about the 90032 zip code:

  • The median house value here is $230,000.
  • The area gets 34 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 12.7%.
  • The students per teacher ratio in this area is 20.3:1. (15.3:1 = national average)

Data reported through 10/13/2016

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