91016 Zip Code Real Estate Market Continues Weakness in New Listings

The 91016 zip code market might be slowing down in the coming weeks. Sales fell this week to 23 homes sold over the last 30 days, and there is a determined downward trend in the number of new listings, with 17 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price climbed to $660,000 over the latest reporting period for the 91016 zip code, up from $642,500. In spite of the decrease in sales, a low three months of inventory signals that the 91016 zip code is a seller's market.

Don't like waiting to use a bathroom in your own home? Check out these wonderful listings that offer the most bathrooms in the 91016 zip code:

$660K   $880K   $1.2M  

Get started right now by checking out 91016 homes for sale or reviewing 91016 real estate trends.

Demographic facts about the 91016 zip code:

  • There are a total of 14,763 households here.
  • The unemployment rate for this area is 10.2%.
  • The average expenditures for each student in the area is $4,794. ($5,691 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
RE/MAX MASTERS REALTY
VasTree Real Estate
Snapped 9 homes in this area
90 snaps
Snapped 4 homes in this area

Agents that specialize in this area
7 snaps in this area
2 snaps in this area
1 snap in this area
6 snaps in this area
1 snap in this area
1 snap in this area
11 snaps in this area
7 snaps in this area
1 snap in this area
2 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.