Is 90043, 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, 90043 was a Seller's Market.
Housing Prices in 90043, CA
How much do homes in 90043, CA cost?
Median Sold Price
$874,937
$592/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90043 was $874,937 in March 2024, down 5.4% from last year, and the median price per square foot was $592.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $532K | - | N/A |
2 Bedrooms | $680K | $700K | +2.9% |
3 Bedrooms | $1.0M | $947K | -11.6% |
4 Bedrooms | $1.2M | $1.1M | -2.3% |
5+ Bedrooms | $1.1M | $1.0M | -4.5% |
Summary: 90043 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 4.5%.
Housing Supply in 90043, CA
How many homes are available in 90043, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 98 | +19.5% |
Summary: The 90043 real estate market had 98 homes for sale in March 2024, a 19.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 16 | -20.0% |
3 Bedrooms | 31 | 44 | +41.9% |
4 Bedrooms | 21 | 25 | +19.0% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 90043 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 20%, 3 bedroom homes increased by 41.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 12 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 90043 in March 2024, down by 40.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 90043, CA
How long does it take to sell a home in 90043, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 28 Days | -21.3% |
Summary: Homes in 90043 had an average of 28 days on market in Mar 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 90043; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.