Is 90028, 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, 90028 has remained a Seller's Market.
Housing Prices in 90028, CA
How much do homes in 90028, CA cost?
Median Sold Price
$900,000
$664/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90028 was $900,000 in March 2024, up 8.3% from last year, and the median price per square foot was $664.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $620K | $650K | +4.8% |
2 Bedrooms | $825K | $783K | -5.1% |
3 Bedrooms | $1.5M | $1.2M | -17.0% |
4 Bedrooms | $1.3M | $1.4M | +6.6% |
5+ Bedrooms | $1.8M | $1.5M | -16.2% |
Summary: 90028 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 17%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 16.2%.
Housing Supply in 90028, CA
How many homes are available in 90028, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 39 | +21.9% |
Summary: The 90028 real estate market had 39 homes for sale in March 2024, a 21.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 8 | -11.1% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 90028 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 7 | +250.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 90028 in March 2024, up by 250.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 57% were sold at asking, and 43% were sold over asking.
Days on Market for 90028, CA
How long does it take to sell a home in 90028, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 7 Days | -74.0% |
Summary: Homes in 90028 had an average of 7 days on market in Mar 2024, down by 74% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in 90028; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.