Is 90008, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 90008 has remained a Seller's Market.
Housing Prices in 90008, CA
How much do homes in 90008, CA cost?
Median Sold Price
$1,100,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90008 was $1,100,000 in March 2024, down 0.7% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $385K | +1.3% |
2 Bedrooms | $850K | $710K | -16.5% |
3 Bedrooms | $1.2M | $1.1M | -6.2% |
4 Bedrooms | $1.6M | $1.4M | -15.2% |
5+ Bedrooms | $2.2M | $1.2M | -43.3% |
Summary: 90008 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes decreased by 16.5%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 43.3%.
Housing Supply in 90008, CA
How many homes are available in 90008, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
63 | 65 | +3.2% |
Summary: The 90008 real estate market had 65 homes for sale in March 2024, a 3.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 31 | 27 | -12.9% |
4 Bedrooms | 13 | 20 | +53.8% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The 90008 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 90008 in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 69% were sold under asking, 13% were sold at asking, and 19% were sold over asking.
Days on Market for 90008, CA
How long does it take to sell a home in 90008, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 51 Days | +14.0% |
Summary: Homes in 90008 had an average of 51 days on market in Mar 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 90008; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.