Is 90068, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 90068 has remained a Seller's Market.
Housing Prices in 90068, CA
How much do homes in 90068, CA cost?
Median Sold Price
$1,750,000
$865/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90068 was $1,750,000 in April 2024, up 7.7% from last year, and the median price per square foot was $865.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $521.7K | $600K | +15.0% |
2 Bedrooms | $1.1M | $1.1M | +8.5% |
3 Bedrooms | $1.8M | $1.8M | +1.8% |
4 Bedrooms | $2.3M | $2.6M | +9.7% |
5+ Bedrooms | $3.1M | $3.5M | +12.9% |
Summary: 90068 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 90068, CA
How many homes are available in 90068, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
152 | 171 | +12.5% |
Summary: The 90068 real estate market had 171 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 5 | -37.5% |
2 Bedrooms | 29 | 38 | +31.0% |
3 Bedrooms | 41 | 50 | +22.0% |
4 Bedrooms | 48 | 53 | +10.4% |
5+ Bedrooms | 26 | 25 | -3.8% |
Summary: The 90068 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 90068 in April 2024, up by 7.1% month-over-month. Of the 30 sold homes, 47% were sold under asking, 10% were sold at asking, and 43% were sold over asking.
Days on Market for 90068, CA
How long does it take to sell a home in 90068, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 29 Days | -21.2% |
Summary: Homes in 90068 had an average of 29 days on market in Apr 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 30 homes were sold in 90068; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.