Is 90211, 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, 90211 was a Seller's Market.
Key Takeaway
90211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 90211, CA
How much do homes in 90211, CA cost?
Median Sold Price
$2,170,000
$839/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 90211 has remained the same since last year.
Summary: The median home sold price in 90211 was $2,170,000 in March 2024, up 0.2% from last year, and the median price per square foot was $839.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $810K | $715K | -11.7% |
| 2 Bedrooms | $1.4M | $1.3M | -8.6% |
| 3 Bedrooms | $2.5M | $2.2M | -11.1% |
| 4 Bedrooms | $2.9M | $2.8M | -5.9% |
| 5+ Bedrooms | $4.7M | $2.8M | -39.1% |
Summary: 90211 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 39.1%.
Housing Supply in 90211, CA
How many homes are available in 90211, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The 90211 real estate market had 40 homes for sale in March 2024, a 29.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The 90211 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 increased by 20%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 90211, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 90211 in March 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for 90211, CA
How long does it take to sell a home in 90211, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 53 Days | -16.3% |
Summary: Homes in 90211 had an average of 53 days on market in Mar 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90211 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 5 homes were sold in 90211; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.