$250K  
Sales rose to 19 homes sold in the 92227 zip code market over the last 30 days. However, a confirmed downturn in the amount of pending transactions continued, with 22 completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price stayed flat at $225,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$284K  
In this week's report, the number of homes sold in the 92227 zip code market dropped to 16 over the past 30 days, a decrease of 5.9% from last week's report, but still above the monthly average. Within the same time frame, the 92243 zip code had 28 sales, the most of all zip codes in the area. Months of inventory in the 92227 zip code shot up to four but prices came down, as the median sales price dropped to $222,450.
Comments:

$315K  
Over the last 30 days, the 92227 zip code market showed healthy signs with 13 homes sold. It marks an 18.2% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, the nearby 92243 zip code had 29 sales in the same time frame, the most of all neighboring zip codes. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $220,000 this week.
Comments:

92227 is a less affluent than average zip code in California with a median income of $40,791 per household. The population is also considered much older than most with a median age of 30 years. Keep in mind, 47.9% of the homes in the 92227 zip code are owned, while 44.0% are rented. The top school in the zip code is Magnolia Elementary School.
Comments:

$250K  
Home sales in the 92227 zip code market remained sluggish in this week's report as they slid 16.7% to 10 homes sold over the last 30 days. In comparison, the nearby 92243 zip code had 35 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 92227 zip code, and for this period the median sales price slid from $195,000 to $189,000.
Comments:

$315K  
The 92227 zip code market remained soft this week as sales dropped 23.1% to land at 10 homes sold over the last 30 days. Meanwhile, the 92243 zip code reported 37 home sales, the highest number from all the surrounding zip codes. Pricing in the 92227 zip code remains consistent from last week to this week, with the median sales price at $195,000 again.
Comments:

$452K  
Sales in the 92227 zip code market fell to 12 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 17, which continues a determined upward trend in price reductions. Oddly, even as the number of sellers reducing price trended higher, the median sales price continued to climb, trending upwards for four weeks to reach $196,500.
Comments:

$315K  
The 92227 zip code market got positive news in this week's report, as the number of home sales rose 14.3%, pushing the total to 16 homes sold over the last 30 days. Within the same time frame, the 92243 zip code had 19 sales, the most of all zip codes in the area. The median sales price dropped to $196,500, down from last week's $213,000. The rising sales and a low three months of inventory point to the 92227 zip code being a seller's market.
Comments:

$299K  
Sales have risen to 13 homes sold over the last 30 days in the 92227 zip code market. But sellers can expect more competition, due to a three-week upward trend in homes coming into the market, now up to 23 for the same period. Potential buyers should take note that prices are coming down in the 92227 zip code, with the median sales price dropped to $198,000. Inventory is also shrinking, now down to four months worth still available.
Comments:

$240K  
92227 is a larger than average zip code in California with 28,695 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 11.6%. The 92227 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the zip code is Magnolia Elementary School.
Comments:
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