While home sales in the 92646 zip code market have been above average, in this week's report they fell 7.8% to 59 homes sold over the last 30 days. Meanwhile, the 92648 zip code reported 45 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 92646 zip code, and this period the median price of all sales fell from $678,875 to $579,000. There are only two months of inventory available in the 92646 zip code, so it's a definite seller's market, even with the decrease in sales.
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