Home sales in the 90028 zip code market remained cool in this week's report as they tumbled 50.0% to three homes sold over the last 30 days. On the other hand, the close-by 90046 zip code registered 42 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 90028 zip code, and the median sales price this period increased from $720,000 to $730,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that the 90028 zip code is a solid buyer's market.
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