More sellers put their homes up for sale in the Sorrento Valley market over the last 30 days and the number of new listings shot up this week to eight. Home sales remained unchanged from the prior period and once again six homes were sold. Prices fell lower as this week's reported median sales price of $505,500 continued a four-week downward trend. With only one month of inventory to sell, Sorrento Valley is still a strong seller's market, even after taking into consideration the falling prices.
Trying to find a home at a bargain price? Take a look at these affordable homes in Sorrento Valley: