With three homes sold in the 93461 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price remained unchanged over the latest reporting period for the 93461 zip code, coming in at $258,000.
Comments:

Sales in the 93461 zip code market dropped to three homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price climbed to $258,000 over the latest reporting period for the 93461 zip code, up from $257,000.
Comments:

Over the last 30 days, the 93461 zip code market showed positive signs with four homes sold, a 100.0% increase from last week's report. In comparison, the nearby 93401 zip code had 27 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 93461 zip code, and the median sales price this period increased from $194,000 to $257,000.
Comments:

The population of the 93461 zip code is somewhat affluent compared to others in California with a median income of $58,105 per household. It's also considered a less expensive zip code in terms of affordability with a cost of living adjustment score of 104.4. The 93461 zip code is made up of homes that are of moderate age with a median of 23 years.
Comments:

With two homes sold in the 93461 zip code market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price dropped to $194,000, down from last week's $198,500.
Comments:

Over the past 30 days, there have been fewer price cuts in the 93461 zip code market, continuing a three-week declining trend to land at zero. However, home sales remained flat with two over the same period. Pricing in the 93461 zip code remains consistent from last week to this week, with the median sales price at $198,500 again.
Comments:

The 93461 zip code market saw two homes go under contract and failed to break out of a determined downward trend. Despite that, total home sales rose to two over the last 30 days. 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 $198,500 over the latest reporting period for the 93461 zip code, down from $265,000.
Comments:

$284K  
With a determined downward trend of new sellers listing homes, including zero over the last 30 days, and sales that dropped to one in that same time frame, the 93461 zip code market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price in the 93461 zip code stayed put this week at $265,000. In spite of the decrease in sales, a low two months of inventory signals that the 93461 zip code is a definite seller's market.
Comments:

$284K  
The 93461 zip code market looked solid in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. In comparison, the nearby 93420 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. Prices are falling in the 93461 zip code, and this period the median price of all sales fell from $266,250 to $265,000. With only one month of inventory and rising sales, the 93461 zip code is a definite seller's market.
Comments:

$284K  
93461 is a smaller-than-average zip code in California with a population of 1,603 residents. Also, it has a much lower than average density with 5.2 people per square mile. Keep in mind, most people in the 93461 zip code own their homes, with a 61.2% ownership ratio.
Comments:
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