$259K  
October was the last time there were so many price reductions in the 93905 zip code market, with 12 reported over the last 30 days. The market also had 14 homes change hands. In comparison, the 95023 zip code had 26 price reductions in the same time frame, the most of all nearby zip codes. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $342,000 continued a four-week downward trend. Despite the falling prices, a relatively low two months of inventory indicates that the 93905 zip code is still a strong seller's market.
Comments:

$259K  
93905 is a less affluent than average zip code in California with a median income of $43,628 per household. The population is also considered much older than most with a median age of 25 years. It should be noted that at 56.5%, most homes are being rented in the 93905 zip code. The top school in the zip code is John E. Steinbeck Elementary School.
Comments:

$469K  
The 93905 zip code market pulled back with a 17.6% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 14.1 monthly average with 14 homes sold. In comparison, the nearby 95023 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 93905 zip code, and for this period the median sales price slid from $365,000 to $340,500. There are only three months of inventory available in the 93905 zip code, so it's a seller's market, even with the decrease in sales.
Comments:

$429K  
The 93905 zip code market got good news in this week's report, as the number of home sales jumped 30.8%, pushing the total to 17 homes sold over the last 30 days. To put it in perspective, the close-by 95023 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. The median sales price in the 93905 zip code stayed put this week at $365,000. With only two months of inventory and rising sales, the 93905 zip code is a solid seller's market.
Comments:

$259K  
There were 13 home sales in the 93905 zip code market over the last 30 days, while coming close to the 13.9 monthly average for the last 12 months. To put it in perspective, the close-by 95023 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Months of inventory is on a four-week upswing, this week hitting three months. With such a small volume of inventory available and sales going up, the 93905 zip code is a seller's market.
Comments:

$259K  
With 11 homes sold in the 93905 zip code market over the last 30 days, we see no change from last week's numbers. However, 14 new listings came into the market. The median sales price in the 93905 zip code stayed put this week at $389,000. In spite of flat sales, a low three months of inventory signals that the 93905 zip code is a seller's market.
Comments:

$399K  
The 93905 zip code market closed in on its 12-month sales average this week as sales rose 22.2% to reach 11 homes sold over the last 30 days. At the same time, the 95023 zip code reported 38 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 93905 zip code, and for this period the median sales price slid from $392,000 to $389,000. With only three months of inventory and rising sales, the 93905 zip code is a seller's market.
Comments:

$259K  
93905 is a larger than average zip code in California that has seen a 2.6% increase in population over the last 10 years. It also has a total population of 61,155. The 93905 zip code is made up of homes that are relatively old with a median of 34 years. The top school in the zip code is John E. Steinbeck Elementary School.
Comments:

$409K  
With nine homes sold in the 93905 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with 14 new listings for buyers to choose from. Prices are falling in the 93905 zip code, and this period the median price of all sales fell from $450,000 to $392,000.
Comments:

$575K  
Over the past 30 days, there have been fewer price cuts in the 93905 zip code market, continuing a six-week declining trend to land at 10. Home sales were also down to nine over the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $450,000 this week.
Comments:
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