Sales dropped to seven homes sold in the Los Alamitos market over the last 30 days. Furthermore, an established downturn in the number of pending transactions continued, with one completed in the same period. As contracts trended lower, prices have also been falling. The median sales price dropped to $760,000, extending a four-week long spiral. There is only one month of inventory available in Los Alamitos, so it's still a solid seller's market, despite the falling contracts numbers and prices.
Trying to find a home at a bargain price? Take a look at these affordable homes in Los Alamitos: