Home sales in the 90275 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 15.6% to 38 homes sold over the last 30 days. Meanwhile, the 90731 zip code reported 40 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 90275 zip code, and for this period the median sales price slid from $1,197,500 to $1,193,750. Despite the slip in sales, a relatively low three months of inventory indicates that the 90275 zip code is a seller's market.
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