The 94577 zip code market slowed with a 23.7% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 35.3 monthly average with 29 homes sold. Within the same time frame, the 94605 zip code had 56 sales, the most of all zip codes in the area. The median sales price continued to fall, trending downwards for four weeks to reach $505,000. There are only two months of inventory available in the 94577 zip code, so it's still a solid seller's market, despite the falling prices.
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