$459K  
Over the last 30 days, the 92227 zip code market was active with 11 homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 92243 zip code registered 31 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 92227 zip code, with the median for this period rising from $237,500 to $240,000.
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$185K  
Home sales in the 92227 zip code market remained soft in this week's report as they slid 10.0% to nine homes sold over the last 30 days. On the other hand, the close-by 92243 zip code registered 29 homes sold in the same period, the most of all surrounding zip codes. Prices are rising in the 92227 zip code, and the median sales price this period increased from $217,000 to $235,000. The 92227 zip code is a strong buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
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With 28,695 residents, 92227 is a larger than average zip code in California. Also, with an 11.6% increase over the last 10 years, its population is growing faster than other parts of the state. Detached homes account for 91% of the area's current housing market. The best school in the zip code is Magnolia Elementary School.
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$145K  
Sales ticked up to 10 homes sold over the last 30 days in the 92227 zip code market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 12 for the same period. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price rose to $217,000, up from last week's $199,000.
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$560K  
This week in the 92227 zip code market, sales ticked up to nine homes sold over the last 30 days, which might be due in part to a new upward trend in price reductions, with 17 being reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 92227 zip code, and the median sales price this period increased from $175,000 to $199,000. The 92227 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
Comments:

$560K  
The number of sellers who put their homes up for sale in the 92227 zip code market over the last 30 days remained flat this week at 20. Home sales also remained unchanged from the prior period and once again six homes were sold. The median sales price dropped to $219,750, down from last week's $239,250. With no movement in sales and the availability of 11 months of inventory, the 92227 zip code is a definite buyer's market.
Comments:

$109K  
Sales numbers in the 92227 zip code market remain the same with six homes sold over the last 30 days and the market still shows an established trend downward overall. The median sales price dropped to $239,250 over the latest reporting period for the 92227 zip code, down from $264,750. With a downward trend in sales numbers and 12 months of inventory still left to work through, the 92227 zip code is a strong buyer's market.
Comments:

$560K  
A five-week negative trend in sales was extended when the 92227 zip code market saw five more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since April at 16. During the same time frame, 92243 had the most price reductions of any other neighboring zip codes with 25. Prices are rising in the 92227 zip code, and the median sales price this period increased from $230,500 to $264,500. The 92227 zip code is a strong buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
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The 92227 zip code has a population that is much older than most in California with a median age of 30 years. Also, it's less affluent than average with a median income of $40,791 per household. The 92227 zip code is an area where 47.9% of the homes are owned, while 44.0% are rented. The best school in the zip code is Magnolia Elementary School.
Comments:

$115K  
Hitting a record low dating back to September, six homes were sold in the 92227 zip code market over the last 30 days. This represents a 25.0% drop and comes on top of a four-week steady downturn in sales activity. In comparison, the 92243 zip code had 24 sales in the same time frame, the most of all nearby zip codes. A months of inventory number of 11 reported this week continued a four-week upward trend, to go along with the weak sales in the area. The 92227 zip code is still a solid buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
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