$2.1M  
Over the last 30 days, 15 homes went under contract in the 93401 zip code market, the lowest amount since last January. As the market appears to be approaching a low, there were 39 homes sold over the same period. In comparison, 93420 led all other nearby zip codes with 19 contracts executed. However, a six-week downward trend in new listings is expected to come to an end over the coming weeks. As contracts reached a new bottom, prices have been increasing. The median sales price hit $675,000, extending a four-week long spike. In spite of contracts trending lower, rising prices and a low one month of inventory signal that the 93401 zip code is still a strong seller's market.
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$2.1M  
While home sales in the 93401 zip code market have been above average, in this week's report they slid 10.9% to 41 homes sold over the last 30 days. On the other hand, the close-by 93444 zip code registered 27 homes sold in the same period, the most of all surrounding zip codes. The average selling price hit a milestone at $685,000, a three-month high. There is only one month of inventory available in the 93401 zip code, so it's a definite seller's market, even with the decrease in sales.
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$919K  
Over the last 30 days, the 93401 zip code market warmed up with 39 homes sold, an 11.4% increase from last week's report. Within the same time frame, the 93444 zip code had 26 sales, the most of all zip codes in the area. The median sales price rose to $598,900 over the latest reporting period for the 93401 zip code, up from $587,500. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that the 93401 zip code is a solid seller's market.
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$425K  
With an emerging downward trend of new sellers listing homes, including 10 over the last 30 days, and sales that inched up to 35 in that same time frame, the 93401 zip code market will be less selective. Potential buyers should note that prices went up in the 93401 zip code, with the median for this period rising from $587,250 to $587,500. With only two months of inventory and rising sales, the 93401 zip code is a solid seller's market.
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$425K  
93401 is a larger than average zip code in California with 27,928 residents. Its population is also growing faster than others at a 10-year growth rate of 0.5%. The 93401 zip code market is mostly made up of detached houses, which currently account for 69% of the homes for sale in the area. Leading the list of top schools in the zip code are Los Ranchos Elementary School and Teach Elementary School.
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$425K  
In this week's report, the number of homes sold in the 93401 zip code market slid to 34 over the past 30 days, a decrease of 5.6% from last week's report, but still above the monthly average. Within the same time frame, the 93444 zip code had 27 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 93401 zip code, with the median for this period rising from $569,793 to $587,250. Despite the slip in sales, a relatively low two months of inventory indicates that the 93401 zip code is a definite seller's market.
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$869K  
Sales rose in the 93401 zip code market to 36 homes sold over the last 30 days. But the market is also under a budding downward trend in the number of contracts closing, with this week's number falling to 29. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $569,793, down from last week's $623,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 93401 zip code is a definite seller's market.
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$749K  
The 93401 zip code market closed in on its 12-month sales average this week with 30 homes sold over the last 30 days. To put it in perspective, the close-by 93442 zip code registered 24 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $623,500 over the latest reporting period for the 93401 zip code, up from $550,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 93401 zip code is a definite seller's market.
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$945K  
The 93401 zip code market broke below its 12-month average sales volume this week as sales dropped 28.9% to hit 27 homes sold over the last 30 days. On the other hand, the close-by 93420 zip code registered 24 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 93401 zip code, and for this period the median sales price slid from $555,783 to $550,000. With only three months of inventory to sell, the 93401 zip code is a seller's market, in spite of the dip in sales.
Comments:

$2.1M  
The 93401 zip code market saw sales spike 11.8% and it is currently in the midst of a determined upward sales trend, including 38 homes sold over the last 30 days. The current sales trend should be moving forward over the next few weeks, continuing to provide a rise in numbers. As sales trended higher, prices have been falling. The median sales price dropped to $555,783, extending a four-week long spiral. The higher trending sales numbers, along with the fact that there are a lower-than-normal two months of inventory to work through, drive home the fact that the 93401 zip code is a strong seller's market, despite the falling prices.
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