$1.2M  
Sales fell in the 93402 zip code market to 12 homes sold over the last 30 days. It's also under an emerging downward trend in the number of contracts closing, with this week's number falling to 11. 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 rose to $586,500, up from last week's $539,000. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that the 93402 zip code is a still strong seller's market.
Comments:

$659K  
The 93402 zip code market got good news this week as sales jumped 25.0% to reach 15 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 93420 zip code reported 22 home sales, the highest number from all the surrounding zip codes. Prices are falling in the 93402 zip code, and this period the median price of all sales fell from $592,500 to $545,000. The rising sales and a low one month of inventory point to the 93402 zip code being a solid seller's market.
Comments:

$1.2M  
The 93402 zip code market closed in on its 12-month sales average this week with 12 homes sold over the last 30 days. To put it in perspective, the close-by 93401 zip code registered 23 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices went up in the 93402 zip code, with the median for this period rising from $533,000 to $592,500. With only one month of inventory and rising sales, the 93402 zip code is a solid seller's market.
Comments:

$659K  
The 93402 zip code has a much younger population than other areas in California with a median age of 47 years. It is also somewhat affluent with a median income of $58,062 per household. The 93402 zip code market is almost exclusively made up of detached homes, currently accounting for 100% overall. The top schools in the zip code are Monarch Grove Elementary School and Los Osos Middle School.
Comments:

$710K  
A dip in the number of pending transactions in the 93402 zip code market over the last 30 days resulted in the lowest amount since July. While eight homes went under contract, there were 11 completed sales. When comparing other close-by zip codes within the same period, the most came from the 93420 zip code with 23 contracts executed. Potential buyers should note that prices went up in the 93402 zip code, with the median for this period rising from $472,000 to $533,000. Along with the increase in sales, the fact that there is a lower-than-normal one month of inventory indicates that the 93402 zip code is a solid seller's market.
Comments:

$1.6M  
The 93402 zip code market showed signs of life in this week's report, as the number of home sales climbed 75.0%, pushing the total to seven homes sold over the last 30 days. In comparison, the nearby 93401 zip code had 38 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $472,000 over the latest reporting period for the 93402 zip code, down from $493,500. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that the 93402 zip code is a solid seller's market.
Comments:

$1.6M  
The 93402 zip code market remained soft with four homes sold in the last 30 days, a 42.9% sales drop. Within the same time frame, the 93401 zip code had 39 sales, the most of all zip codes in the area. The median sales price climbed to $493,500 over the latest reporting period for the 93402 zip code, up from $487,500. In spite of the decrease in sales, a low three months of inventory signals that the 93402 zip code is a seller's market.
Comments:

$1.6M  
The 93402 zip code market remained sluggish with seven homes sold in the last 30 days, a 12.5% sales drop. On the other hand, the close-by 93401 zip code registered 41 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 93402 zip code, and for this period the median sales price slid from $510,000 to $487,500. Despite the slip in sales, a relatively low two months of inventory indicates that the 93402 zip code is a strong seller's market.
Comments:

$800K  
The 93402 zip code market remained soft this week as sales slid 41.7% to land at seven homes sold over the last 30 days. On the other hand, the close-by 93401 zip code registered 39 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 93402 zip code, and for this period the median sales price slid from $547,500 to $505,000. With only two months of inventory to sell, the 93402 zip code is a definite seller's market, in spite of the dip in sales.
Comments:

$799K  
93402 is an average-sized zip code in California that has seen a 2.5% decrease in population over the last 10 years. It also has a total population of 14,342. The 93402 zip code is made up of homes that are relatively old with a median of 33 years. The best schools in the zip code are Monarch Grove Elementary School and Los Osos Middle School.
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