Is 90010, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90010 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 90010 has remained a Seller's Market.

Key Takeaway

90010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90010, CA

How much do homes in 90010, CA cost?

Median Sold Price

$982,500

$706/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$203,500(+26.1%)

Key Takeaway

Homes in 90010 have sold for 26.1% more than they did a month ago.

Summary: The median home sold price in 90010 was $982,500 in March 2024, up 26.1% from last month, and the median price per square foot was $706.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $525K-
N/A
2 $779K$982.5K
+26.1%
3 $1.4M$1.0M
-24.8%
4 --
N/A
5+ --
N/A

Summary: 90010 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.1%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 90010, CA

How many homes are available in 90010, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1715-11.8%

Summary: The 90010 real estate market had 15 homes for sale in March 2024, a 11.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 99
0.0%
3 53
-40.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The 90010 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90010, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 90010 in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 90010, CA

How long does it take to sell a home in 90010, CA?

Average Sale Time

Feb 2024Mar 2024CHANGE
117 Days35 Days-69.7%

Summary: Homes in 90010 had an average of 35 days on market in Mar 2024, down by 69.7% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90010 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 7 homes were sold in 90010; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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