In this week's report, the number of homes sold in the 91604 zip code market dropped to 29 over the past 30 days. It marked a decrease of 3.3% from last week's report and another period below the monthly average. On the other hand, the close-by 90046 zip code registered 40 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $984,000, down from last week's $1,089,500. There are only three months of inventory available in the 91604 zip code, so it's a seller's market, even with the decrease in sales.
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