92316 Zip Code Real Estate Market Continues Downward Trend in New Listings

Over the last 30 days, a recent downward trend of new sellers coming into the 92316 zip code market continued, with six listings in this week's report. Meanwhile, sales rose, with 16 homes selling during the same period. Prices are rising in the 92316 zip code, and the median sales price this period increased from $248,500 to $293,250. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 92316 zip code is a definite seller's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 92316 zip code:

$250K   $310K   $315K  

Get started right now by checking out 92316 homes for sale or reviewing 92316 real estate trends.

Demographic facts for the 92316 zip code:

  • The percentage of people who own their homes is 68.8%.
  • The students per teacher ratio in this area is 19.5:1. (15.3:1 = national average)

Data reported through 1/11/2017

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