Is 90019, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90019 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 90019 has remained a Seller's Market.

Key Takeaway

90019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90019, CA

How much do homes in 90019, CA cost?

Median Sold Price

$1,435,000

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,000(+0.6%)

Key Takeaway

Homes in 90019 have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in 90019 was $1,435,000 in March 2024, up 0.6% from last year, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $1.1M-
N/A
2 $1.0M$990K
-2.7%
3 $1.3M$1.4M
+2.9%
4 $1.7M$1.3M
-23.1%
5+ $1.6M$1.7M
+5.2%

Summary: 90019 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Zip Codes

90019
+0.6%
90016
-5.3%
90048
-7.8%
90036
-8.3%

Housing Supply in 90019, CA

How many homes are available in 90019, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
87105+20.7%

Summary: The 90019 real estate market had 105 homes for sale in March 2024, a 20.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 76
-14.3%
3 2427
+12.5%
4 2125
+19.0%
5+ 3446
+35.3%

Summary: The 90019 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 35.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
818+125.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90019, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 90019 in March 2024, up by 125.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.

Days on Market for 90019, CA

How long does it take to sell a home in 90019, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days48 Days+16.8%

Summary: Homes in 90019 had an average of 48 days on market in Mar 2024, up by 16.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90019 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in 90019; 61% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 22% 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 19 Days Ago

Newest Listings in 90019, CA

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