Is 90037, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 90037 was a Seller's Market.
Key Takeaway
90037 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 90037, CA
How much do homes in 90037, CA cost?
Median Sold Price
$710,000
$443/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 90037 have sold for 6% less than they did a month ago.
Summary: The median home sold price in 90037 was $710,000 in April 2024, down 6% from last month, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $730K | $500K | -31.5% |
| 3 Bedrooms | $739.5K | $642.5K | -13.1% |
| 4 Bedrooms | $785K | $710K | -9.6% |
| 5+ Bedrooms | $925K | $1.1M | +25.7% |
Summary: 90037 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.5%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 25.7%.
Median Sold Price Compared To Nearby Zip Codes
| 90003 | $600K | $607.5K | +1.3% |
| 90037 | $755K | $710K | -6.0% |
Housing Supply in 90037, CA
How many homes are available in 90037, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 56 | +16.7% |
Summary: The 90037 real estate market had 56 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 11 | 17 | +54.5% |
| 5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The 90037 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90037, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 90037 in April 2024, the same as the previous month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for 90037, CA
How long does it take to sell a home in 90037, CA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 21 Days | -38.4% |
Summary: Homes in 90037 had an average of 21 days on market in Apr 2024, down by 38.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90037 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 90037; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.