Is 90232, 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, 90232 has remained a Seller's Market.
Housing Prices in 90232, CA
How much do homes in 90232, CA cost?
Median Sold Price
$1,782,500
$966/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90232 was $1,782,500 in April 2024, up 1.9% from last year, and the median price per square foot was $966.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $604.2K | $1.0M | +65.5% |
2 Bedrooms | $1.2M | $1.2M | -4.3% |
3 Bedrooms | $1.7M | $1.6M | -7.3% |
4 Bedrooms | $2.0M | $2.0M | +2.4% |
5+ Bedrooms | $2.6M | $2.2M | -12.9% |
Summary: 90232 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.5%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 12.9%.
Housing Supply in 90232, CA
How many homes are available in 90232, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Summary: The 90232 real estate market had 32 homes for sale in April 2024, a 18.5% 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 | 5 | 7 | +40.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 90232 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 increased by 40%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 90232 in April 2024, down by 40.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for 90232, CA
How long does it take to sell a home in 90232, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 53 Days | -11.6% |
Summary: Homes in 90232 had an average of 53 days on market in Apr 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
3 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, 6 homes were sold in 90232; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.