Is 90069, 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, 90069 was a Seller's Market.
Housing Prices in 90069, CA
How much do homes in 90069, CA cost?
Median Sold Price
$1,350,000
$897/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90069 was $1,350,000 in March 2024, up 2.5% from last year, and the median price per square foot was $897.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $683K | $690K | +1.0% |
2 Bedrooms | $1.2M | $1.2M | -1.8% |
3 Bedrooms | $2.5M | $3.0M | +18.4% |
4 Bedrooms | $3.6M | $3.2M | -10.0% |
5+ Bedrooms | $5.8M | $3.7M | -36.2% |
Summary: 90069 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 18.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 36.2%.
Housing Supply in 90069, CA
How many homes are available in 90069, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
210 | 239 | +13.8% |
Summary: The 90069 real estate market had 239 homes for sale in March 2024, a 13.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 29 | 36 | +24.1% |
2 Bedrooms | 67 | 73 | +9.0% |
3 Bedrooms | 44 | 50 | +13.6% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 44 | 50 | +13.6% |
Summary: The 90069 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 28 | +47.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 90069 in March 2024, up by 47.4% month-over-month. Of the 28 sold homes, 57% were sold under asking, 7% were sold at asking, and 36% were sold over asking.
Days on Market for 90069, CA
How long does it take to sell a home in 90069, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 61 Days | +22.9% |
Summary: Homes in 90069 had an average of 61 days on market in Mar 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 90069; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.