The 90040 zip code market looked healthy this week and remained above its average as sales shot up 25.0% to reach five homes sold over the last 30 days. Within the same time frame, the 90280 zip code had 36 sales, the most of all zip codes in the area. The median sales price dropped to $420,000, down from last week's $434,500. With only two months of inventory and rising sales, the 90040 zip code is a definite seller's market.
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