Is 90077, 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, 90077 has remained a Buyer's Market.
Housing Prices in 90077, CA
How much do homes in 90077, CA cost?
Median Sold Price
$2,300,000
$871/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90077 was $2,300,000 in April 2024, down 23% from last year, and the median price per square foot was $871.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.0M | - | N/A |
2 Bedrooms | $1.0M | $1.3M | +27.8% |
3 Bedrooms | $2.2M | $1.8M | -15.3% |
4 Bedrooms | $3.3M | $2.4M | -25.3% |
5+ Bedrooms | $6.6M | $7.9M | +19.5% |
Summary: 90077 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.8%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in 90077, CA
How many homes are available in 90077, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 91 | +11.0% |
Summary: The 90077 real estate market had 91 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 13 | 11 | -15.4% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 43 | 50 | +16.3% |
Summary: The 90077 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 16.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 5 | -58.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 90077 in April 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for 90077, CA
How long does it take to sell a home in 90077, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 18 Days | -64.7% |
Summary: Homes in 90077 had an average of 18 days on market in Apr 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 90077; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.