There were 57 homes sold in the 92399 zip code market over the last 30 days, but 31 contracts were executed. This marks the lowest amount since last January, and could be a sign that the market is nearing a bottom. During the same time frame, 92223 had the most of any other neighboring zip codes with 33 contracts executed. As contracts found a bottom, the median sales price went in the opposite direction, trending up for four weeks to $332,500. Despite the downward trend in contracts, the rising prices and only three months of inventory remaining indicate that the 92399 zip code is still a seller's market.
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