Is 90045, 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, 90045 has remained a Seller's Market.
Housing Prices in 90045, CA
How much do homes in 90045, CA cost?
Median Sold Price
$1,479,000
$883/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90045 was $1,479,000 in March 2024, down 1.8% from last year, and the median price per square foot was $883.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $520K | $499K | -4.0% |
2 Bedrooms | $939.9K | $1.0M | +6.9% |
3 Bedrooms | $1.4M | $1.4M | -2.6% |
4 Bedrooms | $1.7M | $1.7M | 0.0% |
5+ Bedrooms | $2.9M | $2.3M | -19.4% |
Summary: 90045 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Zip Codes
90293 | $860K | $895K | +4.1% |
90094 | $1.3M | $1.3M | -0.4% |
90045 | $1.5M | $1.4M | -1.8% |
Housing Supply in 90045, CA
How many homes are available in 90045, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
79 | 82 | +3.8% |
Summary: The 90045 real estate market had 82 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 26 | 28 | +7.7% |
4 Bedrooms | 29 | 27 | -6.9% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 90045 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 21 | -19.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 90045 in March 2024, down by 19.2% month-over-month. Of the 21 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 90045, CA
How long does it take to sell a home in 90045, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 30 Days | +2.3% |
Summary: Homes in 90045 had an average of 30 days on market in Mar 2024, up by 2.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 90045; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.