$6M  
Over the last 30 days, the 93923 zip code market looked solid with 25 homes sold, closing in on the average sales volume for the prior 12 months. Within the same time frame, the 93940 zip code had 39 sales, the most of all zip codes in the area. Potential buyers should note that prices went up in the 93923 zip code, with the median for this period rising from $920,000 to $1,015,000. The 93923 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$7.3M  
This week in the 93923 zip code market, sales rose to 23 homes sold over the last 30 days, which might be due in part to an emerging upward trend in price reductions, with 51 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. Potential buyers should note that prices are coming down in the 93923 zip code, and for this period the median sales price slid from $1,160,000 to $920,000. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning the 93923 zip code is still a definite buyer's market.
Comments:

93923 is an average-sized zip code in California with 15,450 residents. Its population is also growing slower than others at a 10-year growth rate of -0.8%. The 93923 zip code market primarily consists of detached houses, accounting for 84% of the current homes in the area. The top school in the zip code is Carmel River Elementary School.
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$1.7M  
There were 22 home sales in the 93923 zip code market over the last 30 days. To put it in perspective, the close-by 93940 zip code registered 35 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 93923 zip code, and this period the median price of all sales fell from $1,246,250 to $1,160,000. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning the 93923 zip code is still a definite buyer's market.
Comments:

$189K  
The 93923 zip code market pulled back with a 42.9% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 31.8 monthly average with 20 homes sold. In comparison, the nearby 93940 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. The median sales price dropped to $1,246,250 over the latest reporting period for the 93923 zip code, down from $1,298,475. The 93923 zip code is a strong buyer's market, thanks to a big 14 months of inventory to choose from and a pullback in sales.
Comments:

$980K  
In this week's report, the number of homes sold in the 93923 zip code market slid to 34 over the past 30 days, a decrease of 15.0% from last week's report, but still above the monthly average. On the other hand, the close-by 93940 zip code registered 33 homes sold in the same period, the most of all surrounding zip codes. The median sales price rose to $1,311,737, up from last week's $1,274,237. The 93923 zip code is a strong buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$7.9M  
The 93923 zip code market pulled back with a 2.4% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (32.2) with 40 homes sold. Within the same time frame, the 93940 zip code had 31 sales, the most of all zip codes in the area. Prices are falling in the 93923 zip code, and this period the median price of all sales fell from $1,298,475 to $1,274,237. With decreasing sales and the availability of seven months of inventory, the 93923 zip code is a definite buyer's market.
Comments:

$7.9M  
Sales in the 93923 zip code market rose to 41 homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with 38 price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price climbed to $1,298,475, up from last week's $1,287,500. The 93923 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:

93923 is a very affluent zip code in California with a median income of $78,409 per household. The population is also considered much younger than most with a median age of 58 years. The 93923 zip code has an home ownership ratio of 49.2% and a renting ratio of 25.0%. The best school in the zip code is Carmel River Elementary School.
Comments:

$995K  
The number of home sales in the 93923 zip code market climbed 21.9% to 39 homes over the last 30 days, exceeding the 32.0 monthly average for the last 12 months. At the same time, the 93940 zip code reported 24 home sales, the highest number from all the surrounding zip codes. Prices are rising in the 93923 zip code, and the median sales price this period increased from $1,201,250 to $1,250,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 93923 zip code is still a definite buyer's market.
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