$1.8M  
The 93905 zip code market got good news this week as sales rose to 18 homes sold over the last 30 days to go with a new upward trend of contracts closing, now up to 21. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. As contracts trended up, prices went up with them, with the median sales price setting a three-month high at $446,250. The higher trending contracts numbers and rising prices, along with the fact that there are a lower-than-normal two months of inventory in the market, drive home the fact that the 93905 zip code is a strong seller's market.
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$399K  
With an emerging upward trend of new sellers listing homes, including 23 over the last 30 days, and sales that have inched up to 16 in that same time frame, the 93905 zip code market will be heating up. Potential buyers should note that prices went up in the 93905 zip code, with the median for this period rising from $420,000 to $435,000. The rising sales and a low two months of inventory point to the 93905 zip code being a definite seller's market.
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$375K  
93905 is a larger than average zip code in California that has seen a 2.6% increase in population over the last 10 years. It also has a total population of 61,155. The 93905 zip code is made up of homes that are relatively old with a median of 34 years. The top school in the zip code is John E. Steinbeck Elementary School.
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$275K  
With 14 homes sold in the 93905 zip code market over the last 30 days, we see no change from last week's numbers. However, 20 new listings came into the market. Prices are rising in the 93905 zip code, and the median sales price this period increased from $361,000 to $413,500. With only two months of inventory to sell, the 93905 zip code is a definite seller's market, in spite of the flat sales.
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$565K  
Over the last 30 days, the 93905 zip code market showed healthy signs with 13 homes sold, closing in on the average sales volume for the prior 12 months. To put it in perspective, the close-by 95076 zip code registered 26 homes sold in the same period, the most of all surrounding zip codes. Months of inventory is on a four-week downward trend, this week hitting three months. With inventory so low and sales rising, the 93905 zip code is a seller's market.
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$327K  
In this week's report, the number of homes sold in the 93905 zip code market slid to 12 over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average. Meanwhile, the 95076 zip code reported 30 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 93905 zip code, and for this period the median sales price slid from $339,000 to $312,500. In spite of the decrease in sales, a low three months of inventory signals that the 93905 zip code is a seller's market.
Comments:

$464K  
The number of homes coming into the 93905 zip code market climbed to 15 listings over the last 30 days, while sales remained right where they were as once again 15 homes were sold over the same period. The median sales price remained unchanged over the latest reporting period for the 93905 zip code, coming in at $339,000. There are only three months of inventory available in the 93905 zip code, so it's a seller's market, even if sales are flat.
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$259K  
October was the last time there were so many price reductions in the 93905 zip code market, with 12 reported over the last 30 days. The market also had 14 homes change hands. In comparison, the 95023 zip code had 26 price reductions in the same time frame, the most of all nearby zip codes. While price reduction numbers rose, sale prices dropped. This week's reported median sales price of $342,000 continued a four-week downward trend. Despite the falling prices, a relatively low two months of inventory indicates that the 93905 zip code is still a strong seller's market.
Comments:

$259K  
93905 is a less affluent than average zip code in California with a median income of $43,628 per household. The population is also considered much older than most with a median age of 25 years. It should be noted that at 56.5%, most homes are being rented in the 93905 zip code. The top school in the zip code is John E. Steinbeck Elementary School.
Comments:

$469K  
The 93905 zip code market pulled back with a 17.6% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 14.1 monthly average with 14 homes sold. In comparison, the nearby 95023 zip code had 37 sales in the same time frame, the most of all neighboring zip codes. Potential buyers should note that prices are coming down in the 93905 zip code, and for this period the median sales price slid from $365,000 to $340,500. There are only three months of inventory available in the 93905 zip code, so it's a seller's market, even with the decrease in sales.
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