Is 90249, 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, 90249 has remained a Seller's Market.
Housing Prices in 90249, CA
How much do homes in 90249, CA cost?
Median Sold Price
$815,000
$578/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90249 was $815,000 in April 2024, up 7.2% from last year, and the median price per square foot was $578.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | $580K | +53.6% |
2 Bedrooms | $695K | $595K | -14.4% |
3 Bedrooms | $767.5K | $835K | +8.8% |
4 Bedrooms | $839.9K | $827.5K | -1.5% |
5+ Bedrooms | $937.4K | $900K | -4.0% |
Summary: 90249 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.6%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 4%.
Housing Supply in 90249, CA
How many homes are available in 90249, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 33 | +37.5% |
Summary: The 90249 real estate market had 33 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 90249 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 66.7%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 90249 in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 90249, CA
How long does it take to sell a home in 90249, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 15 Days | -65.1% |
Summary: Homes in 90249 had an average of 15 days on market in Apr 2024, down by 65.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 90249; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.