With home sales in the 92120 zip code market already below average, in this week's report they dropped 11.4% to 31 homes sold over the last 30 days. Meanwhile, the 92071 zip code reported 85 home sales, the highest number from all the surrounding zip codes. Months of inventory were further reduced to two, extending a downward trend to eight weeks. Despite the slip in sales from last week to this week, the low inventory indicates that the 92120 zip code is still a definite seller's market.
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