With a recent upward trend of new sellers listing homes, including five over the last 30 days, and sales that remained the same at one in that same time frame, the 93305 zip code market will be steady. The median sales price dropped dramatically to $105,000 over the latest reporting period for the 93305 zip code, down from $164,800. The 93305 zip code is a definite buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
Comments:

$105K  
Sales retained their current pace and came in at one home sold in the 93305 zip code market over the last 30 days. However, a three-week upward trend for contracts was extended, with one pending transactions 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 of all transactions in the 93305 zip code did not budge this week, remaining at $164,800. With no movement in sales and the availability of 12 months of inventory, the 93305 zip code is a definite buyer's market.
Comments:

$105K  
With one home sold in the 93305 zip code market over the last 30 days, we see no change from last week's numbers. However, seven new listings came into the market. The median sales price remained unchanged over the latest reporting period for the 93305 zip code, coming in at $164,800. With no movement in sales and the availability of 11 months of inventory, the 93305 zip code is a definite buyer's market.
Comments:

93305 is a zip code that is growing faster than others in California at a 10-year growth rate of 6.1%. It also has a larger than average population of 37,681 people. The 93305 zip code is made up of homes that are considered older than most with a median of 54 years. The top school in the zip code is Discovery Elementary School.
Comments:

$105K  
The 93305 zip code market stayed soft this week as sales fell 50.0% to land at one home sold over the last 30 days. In comparison, the nearby 93307 zip code had six sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices went up in the 93305 zip code, with the median for this period rising from $151,900 to $164,800. The 93305 zip code is a definite buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$105K  
With two homes sold in the 93305 zip code market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. The median sales price dropped to $151,900, down from last week's $157,000.
Comments:

$105K  
The number of sellers who put their homes up for sale in the 93305 zip code market over the last 30 days remained flat this week at three. Home sales also remained unchanged from the prior period and once again two homes were sold. The median sales price remained unchanged over the latest reporting period for the 93305 zip code, coming in at $157,000.
Comments:

$105K  
The 93305 zip code market may be experiencing an extended pullback but sales stood their ground this week at two homes sold over the last 30 days. Pricing in the 93305 zip code remains consistent from last week to this week, with the median sales price at $157,000 again.
Comments:

$105K  
The 93305 zip code market showed gains in this week's report, as the number of sales went up to two homes sold over the last 30 days. In comparison, the nearby 93306 zip code had three sales in the same time frame, the most of all neighboring zip codes. Prices are coming down in the 93305 zip code, as the median sales price dropped to $157,000, while months of inventory also shrunk to four.
Comments:

The 93305 zip code has a much older population than other areas in California with a median age of 26 years. It is also much less affluent than average with a median income of $30,124 per household. The 93305 zip code market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the zip code is Downtown Elementary School.
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