Is 90230, 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, 90230 has remained a Seller's Market.
Housing Prices in 90230, CA
How much do homes in 90230, CA cost?
Median Sold Price
$975,000
$750/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90230 was $975,000 in April 2024, up 7.7% from last year, and the median price per square foot was $750.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $529.5K | $515K | -2.7% |
2 Bedrooms | $673.9K | $690K | +2.4% |
3 Bedrooms | $1.3M | $1.3M | -2.3% |
4 Bedrooms | $1.7M | $1.7M | -0.4% |
5+ Bedrooms | $1.7M | $2.6M | +46.1% |
Summary: 90230 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 2.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 46.1%.
Housing Supply in 90230, CA
How many homes are available in 90230, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
89 | 85 | -4.5% |
Summary: The 90230 real estate market had 85 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 13 | -7.1% |
2 Bedrooms | 34 | 30 | -11.8% |
3 Bedrooms | 25 | 23 | -8.0% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 90230 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 22 | -18.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 90230 in April 2024, down by 18.5% month-over-month. Of the 22 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% were sold over asking.
Days on Market for 90230, CA
How long does it take to sell a home in 90230, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 18 Days | -17.7% |
Summary: Homes in 90230 had an average of 18 days on market in Apr 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 90230; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.