While home sales in the 90404 zip code market have been above average, in this week's report they dropped 5.3% to 18 homes sold over the last 30 days. In comparison, the nearby 90049 zip code had 45 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 90404 zip code, and the median sales price this period increased from $960,000 to $975,000. Despite the slip in sales, a relatively low two months of inventory indicates that the 90404 zip code is a strong seller's market.
Being aware of new listings is a great exercise in finding the right home so take a look at these in the 90404 zip code:
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