$2.8M  
Over the last 30 days, 28 homes went under contract in the 93940 zip code market, the lowest amount since March. Sales seem to be on the way down, falling to 27 homes sold over the same period, and extending a three-week downward trend. During the same time frame, 93923 had the most of any other neighboring zip codes with 39 contracts executed. The median sales price climbed to $750,000, up from last week's $717,000. With only three months of inventory to sell, the 93940 zip code is a still seller's market, even after taking into consideration the falling contracts numbers.
Comments:

$1.2M  
Over the last 30 days, the 93940 zip code market showed healthy signs with 28 homes sold. It marks a 21.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, the 93923 zip code had 30 sales, the most of all zip codes in the area. The median sales price rose to $717,000, up from last week's $684,000. With just three months of inventory available and sales going up, the 93940 zip code is a seller's market.
Comments:

$2.8M  
The 93940 zip code market slowed with an 8.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 25.3 monthly average with 22 homes sold. Meanwhile, the 93906 zip code reported 32 home sales, the highest number from all the surrounding zip codes. 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 $684,500 this week.
Comments:

$598K  
Over the last 30 days, the 93940 zip code market was active with 24 homes sold. It marks a 14.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, the nearby 93906 zip code had 39 sales in the same time frame, the most of all neighboring zip codes. Months of inventory continued a steady fall, trending downwards for eight weeks to reach four months.
Comments:

$565K  
The 93940 zip code has a population that is younger than most in California with a median age of 41 years. Also, it's affluent with a median income of $59,593 per household. Keep in mind, most people in the 93940 zip code are renters, with 53.1% of the population renting their home. The top school in the zip code is La Mesa Elementary School.
Comments:

$3M  
The 93940 zip code market broke below its 12-month average sales volume this week as sales slid 35.5% to hit 20 homes sold over the last 30 days. Meanwhile, the 93906 zip code reported 35 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 93940 zip code, and this period the median price of all sales fell from $650,000 to $587,500.
Comments:

$4.2M  
The 93940 zip code market is enjoying a budding upward trend, even as sales fell 6.1% this week to 31 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $650,000, down from last week's $655,000. With only three months of inventory to sell, the 93940 zip code is a seller's market, in spite of the dip in sales.
Comments:

$1.5M  
The 93940 zip code market slowed this week but was still better than normal as sales dropped 8.3% to 33 homes sold over the last 30 days. Meanwhile, the 93923 zip code reported 37 home sales, the highest number from all the surrounding zip codes. The median sales price dropped to $655,000 over the latest reporting period for the 93940 zip code, down from $657,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 93940 zip code is a seller's market.
Comments:

$649K  
The 93940 zip code market showed positive signs in this week's report, as the number of home sales climbed 9.1%, pushing the total to 36 homes sold over the last 30 days. To put it in perspective, the close-by 93923 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of three reported this week continued a four-week downward trend. With inventory so low and sales rising, the 93940 zip code is a seller's market.
Comments:

$399K  
93940 is a larger than average zip code in California with 29,517 residents. Also, it has seen a 3.8% decrease in population over the last 10 years. Detached homes account for 82% of the area's current housing market. Topping the list of best schools in the zip code is La Mesa Elementary School.
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