$14.9M  
The 93103 zip code market closed in on its 12-month sales average this week with one home sold over the last 30 days. At the same time, the 93001 zip code reported 29 home sales, the highest number from all the surrounding zip codes. The median sales price climbed during this period, hitting a six-month high at $2,725,000. Even with rising prices, a high 11 months of inventory remaining tells us that the 93103 zip code is still a definite buyer's market.
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93103 is an average-sized zip code in California with a population of 18,582 residents. Also, it has a higher than average density with 4,201.1 people per square mile. Keep in mind, 41.1% of the homes in the 93103 zip code are owned, while 50.7% are rented. Heading the list of top schools in the zip code is Roosevelt Elementary School.
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$2.8M  
Typically, 93103 zip code accounts for 1.2 sales per month. This time sellers weren't able to find buyers for their properties, resulting in yet another 30 day period of no sales.
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$2.8M  
Once again, no deals were completed in the 93103 zip code market over the last 30 days. The 93103 zip code is used to having 1.2 sales per month.
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$2.8M  
With one home sold in the 93103 zip code market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with four new listings for buyers to choose from. The median sales price of all transactions in the 93103 zip code did not budge this week, remaining at $1,111,000. With no movement in sales and the availability of nine months of inventory, the 93103 zip code is a strong buyer's market.
Comments:

$2.8M  
With a recent upward trend of new sellers listing homes, including seven over the last 30 days, and sales that remained the same at one in that same time frame, the 93103 zip code market will be steady. Pricing in the 93103 zip code remains consistent from last week to this week, with the median sales price at $1,111,000 again. With no movement in sales and the availability of nine months of inventory, the 93103 zip code is a definite buyer's market.
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The population of the 93103 zip code is somewhat affluent compared to others in California with a median income of $57,157 per household. It's also considered a very expensive zip code in terms of affordability with a cost of living adjustment score of 179.2. With a median age of 49 years, homes in the 93103 zip code tend to be older than most. Topping the list of best schools in the zip code is Roosevelt Elementary School.
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$2.8M  
Sales in the 93103 zip code market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with zero 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 remained unchanged over the latest reporting period for the 93103 zip code, coming in at $1,111,000. The 93103 zip code is a definite buyer's market, due to a big 11 months of inventory left and aided by the flat sales.
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$1.3M  
The number of homes coming into the 93103 zip code market stayed firm with five listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price dropped dramatically to $1,111,000, down from last week's $2,140,000. The 93103 zip code is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
Comments:

$14.9M  
Home sales in the 93103 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 50.0% to one home sold over the last 30 days. Meanwhile, the 93001 zip code reported 23 home sales, the highest number from all the surrounding zip codes. The median sales price rose to $2,140,000 over the latest reporting period for the 93103 zip code, up from $1,967,500. The 93103 zip code is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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