$142K  
Despite a 6.7% improvement in sales numbers this week to reach 16 homes sold over the last 30 days, the 95301 zip code market still shows a solid trend downward overall. The median sales price rose to $224,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$195K  
In this week's report, the number of homes sold in the 95301 zip code market fell to 14 over the past 30 days, a decrease of 22.2% from last week's report. On the other hand, the close-by 95340 zip code registered 31 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should take note that the median sales price in the 95301 zip code rose to $222,450 and that there are four months of inventory still available.
Comments:

$183K  
Over the last 30 days, an established downward trend of new sellers coming into the 95301 zip code market continued, with 19 listings in this week's report. Meanwhile, sales rose, with 17 homes selling during the same period. As new listings trended lower, the median sales price continued to fall for the homes that have sold, trending downwards for four weeks to reach $200,000. The rise in sales and low inventory point to the 95301 zip code being a seller's market.
Comments:

$165K  
The 95301 zip code market is getting more expensive. While sales continued a three-week negative trend, bringing this week's numbers down to 15 homes sold over the last 30 days, price reductions have slowed to their lowest number since last December, with eight reported this week. During the same time frame, 95340 had the most of any other neighboring zip codes with 13 price reductions. Months of inventory in the 95301 zip code spiked to four but prices came down, as the median sales price dropped to $200,000.
Comments:

$169K  
95301 is a zip code in California, and is less affluent than average with a median income of $47,496 per household. It's much older than the rest of the state, with a median age of 31. Keep in mind, most people in the 95301 zip code own their homes, with a 54.2% ownership ratio. The best school in the zip code is Elmer Wood Elementary School.
Comments:

$180K  
The 95301 zip code market stayed sluggish with 18 homes sold in the last 30 days, a 14.3% sales drop. On the other hand, the close-by 95340 zip code registered 25 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 95301 zip code, and for this period the median sales price slid from $215,000 to $204,950. There are only three months of inventory available in the 95301 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$480K  
The 95301 zip code market saw 14 homes go under contract and failed to break out of a new downward trend. Despite that, total home sales ticked up to 21 over the last 30 days. Prices are falling in the 95301 zip code, and this period the median price of all sales fell from $221,839 to $215,000. With just three months of inventory available and sales going up, the 95301 zip code is a seller's market.
Comments:

$436K  
Home sales in the 95301 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 39.3% to 17 homes sold over the last 30 days. Within the same time frame, the 95340 zip code had 30 sales, the most of all zip codes in the area. The median sales price dropped to $221,839, potentially helping to offset the four months of inventory left to be sold.
Comments:

$250K  
The 95301 zip code market slowed with a 30.8% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 27.6 monthly average with 27 homes sold. On the other hand, the close-by 95340 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. The median sales price dropped to $222,000, down from last week's $237,000. In spite of the decrease in sales, a low two months of inventory signals that the 95301 zip code is a definite seller's market.
Comments:

$825K  
Over the last 30 days, the 95301 zip code market warmed up with 39 homes sold, a 2.6% increase from last week's report. In comparison, the nearby 95340 zip code had 36 sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to rise, trending upwards for four weeks to reach $237,000. The rising prices, along with the fact that there are a lower-than-normal two months of inventory, drive home the fact that the 95301 zip code is a strong seller's market.
Comments:
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Century21 Salvadori Realty
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