$419K  
A dip in the number of pending transactions in the 92251 zip code market over the last 30 days has resulted in the lowest levels for contracts in three months. While 16 homes went under contract, there were 20 completed sales. When comparing other close-by zip codes within the same period, the most came from the 92243 zip code with 21 contracts executed. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $269,500 this week.
Comments:

$549K  
The 92251 zip code market slowed this week but was still better than normal as sales slid 3.7% to 26 homes sold over the last 30 days. On the other hand, the close-by 92243 zip code registered 21 homes sold in the same period, the most of all surrounding zip codes. The prices of sold homes went up with the median sales price setting a nine-month high at $269,500. There are only three months of inventory available in the 92251 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$243K  
Over the last 30 days, the 92251 zip code market was busy with 27 homes sold, a 3.8% increase from last week's report. In comparison, the nearby 92243 zip code had 21 sales in the same time frame, the most of all neighboring zip codes. Months of inventory were further reduced to two, extending a downward trend to four weeks. The rise in sales and low inventory point to the 92251 zip code being a definite seller's market.
Comments:

$243K  
92251 is a zip code that is growing faster than others in California at a 10-year growth rate of 48.1%. It also has an average-sized population of 20,245 people. Homes in the 92251 zip code are relatively new with a median age of 12 years.
Comments:

$549K  
The number of home sales in the 92251 zip code market climbed 23.8% to 26 homes over the last 30 days, exceeding the 22.0 monthly average for the last 12 months. At the same time, the 92243 zip code reported 18 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 92251 zip code, and the median sales price this period increased from $250,000 to $255,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 92251 zip code is a seller's market.
Comments:

$275K  
The 92251 zip code market broke below its 12-month average sales volume this week as sales dropped 17.4% to hit 19 homes sold over the last 30 days. Meanwhile, the 92243 zip code reported 17 home sales, the highest number from all the surrounding zip codes. Potential buyers should take note that the median sales price in the 92251 zip code climbed to $265,605 and that there are four months of inventory still available.
Comments:

$334K  
The 92251 zip code market was active in this week's report, as the number of home sales climbed 4.8%, pushing the total to 22 homes sold over the last 30 days. In comparison, the nearby 92243 zip code had 16 sales in the same time frame, the most of all neighboring zip codes. The median sales price in the 92251 zip code stayed flat at $255,000 while months of inventory was flat at four.
Comments:

$230K  
The 92251 zip code market broke below its 12-month average sales volume this week as sales fell 4.5% to hit 21 homes sold over the last 30 days. Within the same time frame, the 92243 zip code had 20 sales, the most of all zip codes in the area. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price climbed to $255,000 this week.
Comments:

$319K  
Home sales inched up to 19 homes sold over the last 30 days, providing a lift to the 92251 zip code market. That may continue, due to a three-week upward trend for contracts, with 24 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Months of inventory in the 92251 zip code was flat at four but prices came down, as the median sales price dropped to $239,000.
Comments:

$259K  
92251 is a zip code in California, and is affluent with a median income of $62,036 per household. It's much older than the rest of the state, with a median age of 32. With an ownership ratio of 65.1%, most people in the 92251 zip code are homeowners.
Comments:
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