92116 Zip Code Real Estate Market Sees Home Sales Fall

In this week's report, the number of homes sold in the 92116 zip code market slid to 37 over the past 30 days, a decrease of 9.8% from last week's report, but still above the monthly average. Meanwhile, the 92101 zip code reported 74 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $599,000, up from last week's $574,000. In spite of the decrease in sales, a low two months of inventory signals that the 92116 zip code is a definite seller's market.

If you're looking for a more established home, then be sure to see these listings in the 92116 zip code that were built before most others in the market:

$525K   $1.2M   $620K  

Get started right now by checking out 92116 homes for sale or reviewing 92116 real estate trends.

Demographic facts about the 92116 zip code:

  • The average age of houses in this area is 49 years old.
  • The job growth rating in this area is 70. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $5,533. ($5,691 = national average)

Data reported through 10/13/2016


Ask a local expert about this area:
Pacific Sotheby's International Realty
11 reviews
Big Block Realty, Inc.
Snapped 201 homes in this area
Pacific Sotheby's Int'l Realty
Snapped 77 homes in this area

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