Is 90018, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 90018 was a Seller's Market.
Housing Prices in 90018, CA
How much do homes in 90018, CA cost?
Median Sold Price
$1,000,000
$609/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90018 was $1,000,000 in April 2024, up 6.4% from last year, and the median price per square foot was $609.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $665K | - | N/A |
2 Bedrooms | $799.5K | $752.5K | -5.9% |
3 Bedrooms | $980K | $1.0M | +7.9% |
4 Bedrooms | $1.0M | $1.0M | +4.4% |
5+ Bedrooms | $1.3M | $1.3M | -4.4% |
Summary: 90018 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 decreased by 5.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 4.4%.
Housing Supply in 90018, CA
How many homes are available in 90018, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 78 | +20.0% |
Summary: The 90018 real estate market had 78 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 10 | 10 | 0.0% |
3 Bedrooms | 22 | 25 | +13.6% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 17 | 26 | +52.9% |
Summary: The 90018 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 52.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 90018 in April 2024, the same as the previous month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for 90018, CA
How long does it take to sell a home in 90018, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 26 Days | -60.1% |
Summary: Homes in 90018 had an average of 26 days on market in Apr 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 90018; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.