Is 90039, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 90039 has remained a Seller's Market.
Housing Prices in 90039, CA
How much do homes in 90039, CA cost?
Median Sold Price
$1,385,000
$950/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90039 was $1,385,000 in April 2024, down 4.5% from last year, and the median price per square foot was $950.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $607.5K | $670K | +10.3% |
2 Bedrooms | $1.2M | $1.1M | -7.3% |
3 Bedrooms | $1.6M | $1.5M | -1.1% |
4 Bedrooms | $1.8M | $1.7M | -5.6% |
5+ Bedrooms | $1.8M | $1.5M | -14.2% |
Summary: 90039 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 14.2%.
Housing Supply in 90039, CA
How many homes are available in 90039, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 75 | +17.2% |
Summary: The 90039 real estate market had 75 homes for sale in April 2024, a 17.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 18 | +28.6% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 90039 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 17 | -10.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 90039 in April 2024, down by 10.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 18% were sold at asking, and 65% were sold over asking.
Days on Market for 90039, CA
How long does it take to sell a home in 90039, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 19 Days | -51.6% |
Summary: Homes in 90039 had an average of 19 days on market in Apr 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in 90039; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.