Is 90025, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 90025 was a Seller's Market.
Housing Prices in 90025, CA
How much do homes in 90025, CA cost?
Median Sold Price
$1,250,000
$748/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90025 was $1,250,000 in March 2024, up 7.1% from last year, and the median price per square foot was $748.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $582.2K | $622K | +6.8% |
2 Bedrooms | $1.0M | $1.0M | -3.4% |
3 Bedrooms | $1.4M | $1.4M | +2.8% |
4 Bedrooms | $2.1M | $1.9M | -9.3% |
5+ Bedrooms | $3.8M | $2.8M | -26.8% |
Summary: 90025 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 26.8%.
Housing Supply in 90025, CA
How many homes are available in 90025, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
130 | 138 | +6.2% |
Summary: The 90025 real estate market had 138 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 62 | 70 | +12.9% |
3 Bedrooms | 42 | 41 | -2.4% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 90025 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 23 | +35.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 90025 in March 2024, up by 35.3% month-over-month. Of the 23 sold homes, 48% were sold under asking, 9% were sold at asking, and 43% were sold over asking.
Days on Market for 90025, CA
How long does it take to sell a home in 90025, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 39 Days | -21.4% |
Summary: Homes in 90025 had an average of 39 days on market in Mar 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 90025; 61% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.