Is 90210, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 90210 was a Seller's Market.
Key Takeaway
90210 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 90210, CA
How much do homes in 90210, CA cost?
Median Sold Price
$4,317,900
$1,183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 90210 have sold for 16.2% less than they did a year ago.
Summary: The median home sold price in 90210 was $4,317,900 in May 2024, down 16.2% from last year, and the median price per square foot was $1,183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $750K | $2.0M | +170.0% |
| 2 Bedrooms | $1.6M | $1.8M | +11.9% |
| 3 Bedrooms | $2.7M | $2.6M | -5.5% |
| 4 Bedrooms | $4.4M | $4.2M | -4.7% |
| 5+ Bedrooms | $9.4M | $8.6M | -8.0% |
Summary: 90210 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 170%, 2 bedroom homes increased by 11.9%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 8%.
Housing Supply in 90210, CA
How many homes are available in 90210, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 197 | 235 | +19.3% |
Summary: The 90210 real estate market had 235 homes for sale in May 2024, a 19.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 25 | 26 | +4.0% |
| 3 Bedrooms | 32 | 44 | +37.5% |
| 4 Bedrooms | 36 | 50 | +38.9% |
| 5+ Bedrooms | 103 | 115 | +11.7% |
Summary: The 90210 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 38.9%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 9 | -60.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 90210, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 90210 in May 2024, down by 60.9% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for 90210, CA
How long does it take to sell a home in 90210, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 73 Days | 64 Days | -11.8% |
Summary: Homes in 90210 had an average of 64 days on market in May 2024, down by 11.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 90210 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 9 homes were sold in 90210; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.