90720 Zip Code Real Estate Market Extends Weakening in Home Prices

The 90720 zip code market broke below its 12-month average sales volume this week as sales fell 26.3% to hit 14 homes sold over the last 30 days. In comparison, the nearby 90740 zip code had 40 sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $826,000. In spite of the falling prices, a low two months of inventory signals that the 90720 zip code is still a solid seller's market.

Trying to find an affordable a home? Take a look at these low-priced listings in the 90720 zip code:

$480K   $599K   $659K  

Get started right now by checking out 90720 homes for sale or reviewing 90720 real estate trends.

Demographic facts about the 90720 zip code:

  • 21,865 people currently live in this area.
  • This area has a safety rating of 64. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 28 minutes.

Data reported through 1/12/2017

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Century 21 Action!
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