In this week's report, the number of homes sold in the 94801 zip code market fell to 13 over the past 30 days. It marked a decrease of 35.0% from last week's report and a fall below the monthly average. On the other hand, the close-by 94806 zip code registered 34 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 94801 zip code, and this period the median price of all sales fell from $371,500 to $365,000. Despite the slip in sales, a relatively low one month of inventory indicates that the 94801 zip code is a strong seller's market.
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