The 90022 zip code market broke below its 12-month average sales volume this week as sales fell 27.8% to hit 13 homes sold over the last 30 days. Meanwhile, the 90660 zip code reported 27 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices went up in the 90022 zip code, with the median for this period rising from $429,500 to $450,000. In spite of the decrease in sales, a low three months of inventory signals that the 90022 zip code is a seller's market.
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