Is 90220, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 90220 has remained a Seller's Market.
Housing Prices in 90220, CA
How much do homes in 90220, CA cost?
Median Sold Price
$600,000
$538/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90220 was $600,000 in April 2024, up 4.7% from last year, and the median price per square foot was $538.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499.8K | $350K | -30.0% |
2 Bedrooms | $515K | $550K | +6.8% |
3 Bedrooms | $600K | $620K | +3.3% |
4 Bedrooms | $635K | $690K | +8.7% |
5+ Bedrooms | $580K | $762.5K | +31.5% |
Summary: 90220 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 31.5%.
Housing Supply in 90220, CA
How many homes are available in 90220, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 55 | -6.8% |
Summary: The 90220 real estate market had 55 homes for sale in April 2024, a 6.8% decrease 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 | 12 | 10 | -16.7% |
3 Bedrooms | 34 | 34 | 0.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 90220 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 16 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 90220 in April 2024, up by 33.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 6% were sold at asking, and 63% were sold over asking.
Days on Market for 90220, CA
How long does it take to sell a home in 90220, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 35 Days | -39.0% |
Summary: Homes in 90220 had an average of 35 days on market in Apr 2024, down by 39% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 90220; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.