Is 90044, 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, 90044 has remained a Seller's Market.
Housing Prices in 90044, CA
How much do homes in 90044, CA cost?
Median Sold Price
$623,500
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90044 was $623,500 in March 2024, down 0.2% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $410K | $440K | +7.3% |
2 Bedrooms | $550K | $563.5K | +2.5% |
3 Bedrooms | $649.9K | $625K | -3.8% |
4 Bedrooms | $617.5K | $661.2K | +7.1% |
5+ Bedrooms | $875K | $902.5K | +3.1% |
Summary: 90044 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in 90044, CA
How many homes are available in 90044, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
97 | 101 | +4.1% |
Summary: The 90044 real estate market had 101 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 38 | 40 | +5.3% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The 90044 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 90044 in March 2024, up by 11.8% month-over-month. Of the 19 sold homes, 16% were sold under asking, 32% were sold at asking, and 53% were sold over asking.
Days on Market for 90044, CA
How long does it take to sell a home in 90044, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 42 Days | -40.5% |
Summary: Homes in 90044 had an average of 42 days on market in Mar 2024, down by 40.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 90044; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.