Over the last 30 days, 15 homes went under contract in the 93401 zip code market, the lowest amount since last January. As the market appears to be approaching a low, there were 39 homes sold over the same period. In comparison, 93420 led all other nearby zip codes with 19 contracts executed. However, a six-week downward trend in new listings is expected to come to an end over the coming weeks. As contracts reached a new bottom, prices have been increasing. The median sales price hit $675,000, extending a four-week long spike. In spite of contracts trending lower, rising prices and a low one month of inventory signal that the 93401 zip code is still a strong seller's market.
If money isn't a problem, check out these eye-catching listings in the 93401 zip code:
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