$179K  
In this week's report, the number of homes sold in the 93402 zip code market slid to 12 over the past 30 days. It marked a decrease of 14.3% from last week's report and a fall below the monthly average. On the other hand, the close-by 93401 zip code registered 36 homes sold in the same period, the most of all surrounding zip codes. The median sales price of homes sold came in at $502,500, which extended a downward swing in price to four weeks. In spite of the falling prices, a low two months of inventory signals that the 93402 zip code is still a solid seller's market.
Comments:

$1.8M  
The number of sellers reducing prices in the 93402 zip code market trended up to nine over the last 30 days, extending a three-week streak. During the same period, 14 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 93402 zip code, and the median sales price this period increased from $465,000 to $480,000. With just one month of inventory available and sales going up, the 93402 zip code is a definite seller's market.
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$1.3M  
Over the last 30 days, a new downward trend of new sellers coming into the 93402 zip code market continued, with 11 listings in this week's report. Meanwhile, sales rose, with 12 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. A months of inventory number of two reported this week continued an eight-week downward trend, likely due to the weak number of new listings in the area. The rise in sales and low inventory point to the 93402 zip code being a definite seller's market.
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$1.4M  
The 93402 zip code is a zip code in California with a median income of $58,062 per household. Besides being somewhat affluent, its population is much younger than others with a median age of 47 years. The 93402 zip code market primarily consists of detached houses, accounting for 86% of the current homes in the area. Leading the list of best schools in the zip code are Monarch Grove Elementary School and Los Osos Middle School.
Comments:

$499K  
Home sales in the 93402 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 28.6% to 10 homes sold over the last 30 days. On the other hand, the close-by 93401 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 93402 zip code, and for this period the median sales price slid from $515,000 to $463,500. With only two months of inventory to sell, the 93402 zip code is a solid seller's market, in spite of the dip in sales.
Comments:

$1.4M  
The 93402 zip code market recorded 13 home sales over the last 30 days. Also, a record low eight new listings came into the market, the fewest since August. In comparison, 93401 led all other nearby zip codes with 35 new listings. The median sales price dropped to $485,000 over the latest reporting period for the 93402 zip code, down from $505,000. There are only two months of inventory available in the 93402 zip code, so it's still definite seller's market, even with the shrinking contracts numbers.
Comments:

$429K  
The 93402 zip code market looked solid in this week's report, as the number of home sales spiked 25.0%, pushing the total to 15 homes sold over the last 30 days. Within the same time frame, the 93401 zip code had 37 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 93402 zip code, and for this period the median sales price slid from $547,500 to $505,000. With just two months of inventory available and sales going up, the 93402 zip code is a definite seller's market.
Comments:

$1.8M  
This week in the 93402 zip code market, sales fell to 12 homes sold over the last 30 days, coinciding with an emerging downward trend in price reductions, with six in the same time frame. As the lowering of listing prices trended lower, sale prices themselves have also been increasing. The median sales price hit $547,500, extending a four-week long spike. With inventory so low in the 93402 zip code, it's still a strong seller's market, even after taking into consideration the decrease in sales.
Comments:

$1.8M  
The 93402 zip code market has established a new upward trend, even as sales fell 22.2% this week to 14 homes over the last 30 days. The median sales price dropped to $547,500, down from last week's $558,000. With only two months of inventory to sell, the 93402 zip code is a definite seller's market, in spite of the dip in sales.
Comments:

$1.4M  
With 14,342 residents, 93402 is an average-sized zip code in California. Also, with a 2.5% decrease over the last 10 years, its population is shrinking slower than other parts of the state. The 93402 zip code is made up of homes that are relatively old with a median of 33 years. The top schools in the zip code are Monarch Grove Elementary School and Los Osos Middle School.
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