The 92110 zip code market slowed with a 9.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (25.0) with 30 homes sold. On the other hand, the close-by 92101 zip code registered 74 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 92110 zip code, and this period the median price of all sales fell from $472,500 to $460,000. There are only two months of inventory available in the 92110 zip code, so it's a solid seller's market, even with the decrease in sales.
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