Over the last 30 days, the 90501 zip code market was active with 35 homes sold, a 9.4% increase from last week's report. Within the same time frame, the 90278 zip code had 43 sales, the most of all zip codes in the area. Prices are falling in the 90501 zip code, and this period the median price of all sales fell from $621,000 to $610,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that the 90501 zip code is a solid seller's market.
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