92251 is a zip code that is growing faster than others in California at a 10-year growth rate of 48.1%. It also has an average-sized population of 20,245 people. The 92251 zip code is made up of homes that are relatively new with a median of 12 years.
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$185K  
Sales rose to 27 homes sold in the 92251 zip code market over the last 30 days. However, an identifiable downturn in the amount of pending transactions continued, with 21 completed in the same period. The median sales price rose to $239,500, up from last week's $225,600. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 92251 zip code is a solid seller's market.
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$281K  
The 92251 zip code market will be less selective in the coming weeks. Sales rose this week to 21 homes sold over the last 30 days, and there is a recent downward trend in the number of new listings, with 18 going live in the same time frame. Pricing in the 92251 zip code remains consistent from last week to this week, with the median sales price at $225,600 again. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 92251 zip code is a strong seller's market.
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$480K  
The 92251 zip code market pulled back with a 30.4% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 20.8 monthly average with 16 homes sold. In comparison, the nearby 92243 zip code had 21 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $225,800, down from last week's $226,000. Despite the slip in sales, a relatively low three months of inventory indicates that the 92251 zip code is a seller's market.
Comments:

$480K  
The 92251 zip code market saw sales drop 15.4% this week but it is currently in the midst of an emerging upward sales trend, including 22 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price dropped to $227,800 over the latest reporting period for the 92251 zip code, down from $249,950. There are only two months of inventory available in the 92251 zip code, so it's a definite seller's market, even with the decrease in sales.
Comments:

$315K  
While home sales in the 92251 zip code market have been above average, in this week's report they fell 10.3% to 26 homes sold over the last 30 days. Within the same time frame, the 92243 zip code had 22 sales, the most of all zip codes in the area. The median sales price dropped to $249,950, down from last week's $259,000. With only two months of inventory to sell, the 92251 zip code is a definite seller's market, in spite of the dip in sales.
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92251 is a zip code in California, and is affluent with a median income of $62,036 per household. It's much older than the rest of the state, with a median age of 32. It should be noted that at 65.1%, most people own their homes in the 92251 zip code.
Comments:

$199K  
The 92251 zip code market pulled back this week but was still better than normal as sales dropped 3.3% to 29 homes sold over the last 30 days. On the other hand, the close-by 92243 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $259,000 over the latest reporting period for the 92251 zip code, up from $257,000. There are only two months of inventory available in the 92251 zip code, so it's a solid seller's market, even with the decrease in sales.
Comments:

$289K  
Over the last 30 days, the number of homes sold in the 92251 zip code jumped to 29. While the sales increased, the amount of pending transactions also trended upward, reaching a total of 40 during the same period. The median sales price dropped to $259,000, down from last week's $267,500. With just two months of inventory available and contracts going up, the 92251 zip code is a solid seller's market.
Comments:

$200K  
There were 18 homes sold in the 92251 zip code market over the last 30 days. During the same period, the total number of price reductions was 22, the most since March. When comparing other close-by zip codes within the same period, the most came from the 92243 zip code with 28 price reductions. The median sales price remained unchanged over the latest reporting period for the 92251 zip code, coming in at $265,000. In spite of flat sales, a low three months of inventory signals that the 92251 zip code is a seller's market.
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