Is 90221, 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, 90221 has remained a Seller's Market.
Housing Prices in 90221, CA
How much do homes in 90221, CA cost?
Median Sold Price
$607,000
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90221 was $607,000 in April 2024, up 1.2% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | - | N/A |
2 Bedrooms | $551K | $555K | +0.7% |
3 Bedrooms | $625K | $645K | +3.2% |
4 Bedrooms | $675K | $655K | -3.0% |
5+ Bedrooms | $605K | $990K | +63.6% |
Summary: 90221 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 63.6%.
Housing Supply in 90221, CA
How many homes are available in 90221, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 49 | +16.7% |
Summary: The 90221 real estate market had 49 homes for sale in April 2024, a 16.7% 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 | 18 | 16 | -11.1% |
3 Bedrooms | 19 | 23 | +21.1% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 90221 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 11.1%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 90221 in April 2024, up by 11.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for 90221, CA
How long does it take to sell a home in 90221, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 32 Days | -2.2% |
Summary: Homes in 90221 had an average of 32 days on market in Apr 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 90221; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.