Is 90034, 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, 90034 has remained a Seller's Market.
Housing Prices in 90034, CA
How much do homes in 90034, CA cost?
Median Sold Price
$1,437,000
$884/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90034 was $1,437,000 in March 2024, down 0.3% from last year, and the median price per square foot was $884.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $547.5K | $515K | -5.9% |
2 Bedrooms | $902.5K | $916K | +1.5% |
3 Bedrooms | $1.5M | $1.4M | -1.7% |
4 Bedrooms | $2.1M | $2.2M | +3.6% |
5+ Bedrooms | $3.2M | $2.6M | -17.2% |
Summary: 90034 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 17.2%.
Housing Supply in 90034, CA
How many homes are available in 90034, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 84 | +23.5% |
Summary: The 90034 real estate market had 84 homes for sale in March 2024, a 23.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 23 | 33 | +43.5% |
Summary: The 90034 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 11.1%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 43.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 15 | +87.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 90034 in March 2024, up by 87.5% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for 90034, CA
How long does it take to sell a home in 90034, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 24 Days | -22.1% |
Summary: Homes in 90034 had an average of 24 days on market in Mar 2024, down by 22.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 90034; 87% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.