In this week's report, the number of homes sold in the 90723 zip code market dropped to 20 over the past 30 days, a decrease of 9.1% from last week's report, but still above the monthly average. Within the same time frame, the 90650 zip code had 68 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 90723 zip code, and for this period the median sales price slid from $320,000 to $314,000. With only two months of inventory to sell, the 90723 zip code is a definite seller's market, in spite of the dip in sales.
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