In this week's report, the number of homes sold in the 94703 zip code market slid to six over the past 30 days, a decrease of 25.0% from last week's report. Within the same time frame, the 94611 zip code had 32 sales, the most of all zip codes in the area. Prices are rising in the 94703 zip code, and the median sales price this period increased from $999,500 to $1,044,500. In spite of the decrease in sales, a low one month of inventory signals that the 94703 zip code is a strong seller's market.
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