93401 is a zip code in California, and is somewhat affluent with a median income of $48,577 per household. It's older than the rest of the state, with a median age of 34. The 93401 zip code is an area where most people lease the homes they live in, with a renting ratio of 51.1%. Leading the list of best schools in the zip code are Los Ranchos Elementary School and Teach Elementary School.
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$3.9M  
This week in the 93401 zip code market, sales fell to 38 homes sold over the last 30 days, coinciding with a confirmed downward trend in price reductions, with 13 in the same time frame. The median sales price in the 93401 zip code stayed put this week at $627,869. In spite of the decrease in sales, a low two months of inventory signals that the 93401 zip code is a strong seller's market.
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$2.9M  
The 93401 zip code market has established a confirmed upward trend, even as sales fell 4.3% this week to 45 homes over the last 30 days. Potential buyers should note that prices are coming down in the 93401 zip code, and for this period the median sales price slid from $632,000 to $628,685. With only two months of inventory to sell, the 93401 zip code is a definite seller's market, in spite of the dip in sales.
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$934K  
Over the last 30 days, the 93401 zip code market was very active with 47 homes sold, a 42.4% increase from last week's report. At the same time, the 93422 zip code reported 39 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 93401 zip code, and for this period the median sales price slid from $690,000 to $632,000. The rising sales and a low one month of inventory point to the 93401 zip code being a solid seller's market.
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$1.4M  
The 93401 zip code market is slowing down. While sales this week came in at 33 homes sold over the last 30 days, new listings are at the lowest they've been since January. During the same time frame, 93422 had the most of any other neighboring zip codes with 59 new listings. The median sales price climbed to $690,000, up from last week's $614,750. With just two months of inventory available and sales going up, the 93401 zip code is a definite seller's market.
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$3M  
The 93401 zip code market reached a plateau over the last 30 days. Sales climbed 10.3% to 32 homes, the most since January. When comparing other close-by zip codes within the same period, the most came from the 93422 zip code with 36 sales. Potential buyers should note that prices went up in the 93401 zip code, with the median for this period rising from $597,500 to $614,750. The rising sales and a low two months of inventory mean that the 93401 zip code is a strong seller's market.
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93401 is a larger than average zip code in California with 27,928 residents. Its population is also growing faster than others at a 10-year growth rate of 0.5%. The 93401 zip code market mostly consists of detached houses, accounting for 57% of the current homes in the area. Leading the list of top schools in the zip code are Los Ranchos Elementary School and Teach Elementary School.
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$569K  
Over the last 30 days, the 93401 zip code market was active with 29 homes sold. It marks an 11.5% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, the close-by 93422 zip code registered 39 homes sold in the same period, the most of all surrounding zip codes. The median sales price climbed to $597,500 over the latest reporting period for the 93401 zip code, up from $578,750. With only two months of inventory and rising sales, the 93401 zip code is a definite seller's market.
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$649K  
This week in the 93401 zip code market, sales ticked up to 26 homes sold over the last 30 days, which might be due in part to a budding upward trend in price reductions, with 26 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. The median sales price dropped to $578,750, down from last week's $597,500. The rising sales and a low three months of inventory point to the 93401 zip code being a seller's market.
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$659K  
Home sales inched up to 24 homes sold over the last 30 days, providing a lift to the 93401 zip code market. That may continue, due to a three-week upward trend for contracts, with 38 in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price climbed to $597,500, up from last week's $560,000. The rising contracts and a low two months of inventory mean that the 93401 zip code is a solid seller's market.
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