Is 90024, 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, 90024 has remained a Seller's Market.
Housing Prices in 90024, CA
How much do homes in 90024, CA cost?
Median Sold Price
$1,350,000
$818/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90024 was $1,350,000 in March 2024, up 8% from last year, and the median price per square foot was $818.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $688K | $660K | -4.1% |
2 Bedrooms | $1.0M | $1.0M | +3.4% |
3 Bedrooms | $2.4M | $2.4M | 0.2% |
4 Bedrooms | $3.3M | $3.2M | -4.7% |
5+ Bedrooms | $4.8M | $3.4M | -27.9% |
Summary: 90024 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 27.9%.
Housing Supply in 90024, CA
How many homes are available in 90024, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
101 | 105 | +4.0% |
Summary: The 90024 real estate market had 105 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 18 | +12.5% |
2 Bedrooms | 45 | 45 | 0.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 90024 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 90024 in March 2024, up by 25.0% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.
Days on Market for 90024, CA
How long does it take to sell a home in 90024, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 43 Days | +9.7% |
Summary: Homes in 90024 had an average of 43 days on market in Mar 2024, up by 9.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 90024; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.