Is 90065, 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, 90065 has remained a Seller's Market.
Housing Prices in 90065, CA
How much do homes in 90065, CA cost?
Median Sold Price
$1,129,000
$773/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90065 was $1,129,000 in March 2024, down 5.7% from last year, and the median price per square foot was $773.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $756K | $665K | -12.0% |
2 Bedrooms | $994K | $1.0M | +1.0% |
3 Bedrooms | $1.2M | $1.1M | -10.2% |
4 Bedrooms | $1.3M | $1.2M | -10.5% |
5+ Bedrooms | $1.3M | $1.2M | -8.3% |
Summary: 90065 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes decreased by 8.3%.
Housing Supply in 90065, CA
How many homes are available in 90065, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 62 | +5.1% |
Summary: The 90065 real estate market had 62 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 29 | 29 | 0.0% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 90065 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 90065 in March 2024, down by 17.6% month-over-month. Of the 14 sold homes, 21% were sold under asking, 7% were sold at asking, and 71% were sold over asking.
Days on Market for 90065, CA
How long does it take to sell a home in 90065, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 27 Days | -32.4% |
Summary: Homes in 90065 had an average of 27 days on market in Mar 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 90065; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.