Is 90222, 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, 90222 was a Buyer's Market.
Housing Prices in 90222, CA
How much do homes in 90222, CA cost?
Median Sold Price
$572,500
$540/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90222 was $572,500 in March 2024, down 0.4% from last year, and the median price per square foot was $540.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $400K | +5.3% |
2 Bedrooms | $514.3K | $510K | -0.8% |
3 Bedrooms | $595K | $580K | -2.5% |
4 Bedrooms | $625K | $640K | +2.4% |
5+ Bedrooms | $795K | $780K | -1.9% |
Summary: 90222 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in 90222, CA
How many homes are available in 90222, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The 90222 real estate market had 47 homes for sale in March 2024, a 14.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 90222 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 7.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 15 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 90222 in March 2024, up by 200.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 13% were sold at asking, and 73% were sold over asking.
Days on Market for 90222, CA
How long does it take to sell a home in 90222, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 39 Days | +105.2% |
Summary: Homes in 90222 had an average of 39 days on market in Mar 2024, up by 105.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 90222; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.