Is 90059, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 90059 was a Seller's Market.
Housing Prices in 90059, CA
How much do homes in 90059, CA cost?
Median Sold Price
$572,500
$493/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90059 was $572,500 in April 2024, up 4.1% from last year, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $500K | +75.4% |
2 Bedrooms | $530K | $520K | -1.9% |
3 Bedrooms | $550K | $590K | +7.3% |
4 Bedrooms | $610K | $622.5K | +2.0% |
5+ Bedrooms | $715K | $680K | -4.9% |
Summary: 90059 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75.4%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4.9%.
Housing Supply in 90059, CA
How many homes are available in 90059, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 48 | +4.3% |
Summary: The 90059 real estate market had 48 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 8 | -27.3% |
3 Bedrooms | 21 | 26 | +23.8% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 90059 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 decreased by 27.3%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 6 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 90059 in April 2024, down by 62.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 90059, CA
How long does it take to sell a home in 90059, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 49 Days | -15.5% |
Summary: Homes in 90059 had an average of 49 days on market in Apr 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 90059; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.