In this week's report, the number of homes sold in the 90063 zip code market slid to 12 over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. On the other hand, the close-by 90042 zip code registered 47 homes sold in the same period, the most of all surrounding zip codes. There are four months of inventory remaining in the 90063 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $375,000 this week.
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