Sales fell in the 90405 zip code market to 14 homes sold over the last 30 days. It's also under a long downward trend in the number of contracts closing, with this week's number falling to two. Prices are falling in the 90405 zip code, and this period the median price of all sales fell from $1,445,000 to $1,400,000. With only three months of inventory to sell, the 90405 zip code is a still seller's market, even after taking into consideration the falling contracts numbers.
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