$249K  
The number of price cuts in the 93222 zip code market climbed to two over the last 30 days, furthering a budding positive trend. Despite drops in list prices, sales also decreased to three homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in the 93222 zip code, and the median sales price this period increased from $190,200 to $225,400. The 93222 zip code is a solid buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
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$145K  
The 93222 zip code market showed gains this week as sales rose 33.3% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. At the same time, the 93536 zip code reported 65 home sales, the highest number from all the surrounding zip codes. The median sales price of homes sold came in at $190,200, which extended a downward swing in price to four weeks. Even after the uptick in sales, an elevated eight months of inventory tells us that the 93222 zip code is still a strong buyer's market.
Comments:

$248K  
The 93222 zip code market broke below its 12-month average sales volume this week as sales dropped 40.0% to hit three homes sold over the last 30 days. Meanwhile, the 93536 zip code reported 63 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 93222 zip code, and for this period the median sales price slid from $179,000 to $149,900. Along with the slip in sales, a relatively high 11 months of inventory indicates that the 93222 zip code is a strong buyer's market.
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$479K  
The number of homes coming into the 93222 zip code market fell to six listings over the last 30 days, while sales remained right where they were as once again eight homes were sold over the same period. Months of inventory were further reduced to three, extending a downward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that the 93222 zip code is still a seller's market.
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The population of the 93222 zip code is somewhat affluent compared to others in California with a median income of $51,556 per household. It's also considered a much less expensive zip code in terms of affordability with a cost of living adjustment score of 100.4. The 93222 zip code is made up of homes that are relatively old with a median of 31 years.
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$599K  
Over the last 30 days, the sale of seven homes took place in the 93222 zip code market. This shows a 12.5% reduction from the prior period but the area remains on an emerging upward trend. There are four months of inventory remaining in the 93222 zip code, and the market is swinging toward the buyer, especially since the median sales price dropped to $179,000 this week.
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$425K  
Over the last 30 days, a recent upward trend of new sellers coming into the 93222 zip code market continued, with nine listings in this week's report. Meanwhile, sales have risen as well, with eight homes selling during the same period. Prices are falling in the 93222 zip code, and this period the median price of all sales fell from $207,500 to $191,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that the 93222 zip code is a seller's market.
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$599K  
The 93222 zip code market showed gains in this week's report, as the number of home sales rocketed 150.0%, pushing the total to five homes sold over the last 30 days. Within the same time frame, the 93536 zip code had 45 sales, the most of all zip codes in the area. Months of inventory fell to five this period, its lowest point since January.
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$379K  
Over the last 30 days, sales in the 93222 zip code market remained at their current pace of two homes. However, the amount of pending transactions continued to improve, reaching a total of six during the same period. The median sales price in the 93222 zip code stayed put this week at $229,950. Along with flat sales, a relatively high 12 months of inventory indicates that the 93222 zip code is a strong buyer's market.
Comments:

$249K  
93222 is a small zip code in California with 367 residents. Its population is also growing faster than others at a 10-year growth rate of 35.4%. The 93222 zip code has an home ownership ratio of 49.5% and a renting ratio of 14.8%.
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