Is 90250, 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, 90250 has remained a Seller's Market.
Housing Prices in 90250, CA
How much do homes in 90250, CA cost?
Median Sold Price
$872,500
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90250 was $872,500 in April 2024, down 0.5% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $775K | $840K | +8.4% |
2 Bedrooms | $803K | $782.5K | -2.6% |
3 Bedrooms | $850K | $860K | +1.2% |
4 Bedrooms | $999K | $965.5K | -3.4% |
5+ Bedrooms | $1.2M | $1.3M | +5.0% |
Summary: 90250 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 5%.
Housing Supply in 90250, CA
How many homes are available in 90250, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 74 | +12.1% |
Summary: The 90250 real estate market had 74 homes for sale in April 2024, a 12.1% 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 | 7 | 7 | 0.0% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 13 | 22 | +69.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 90250 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 remained the same, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 24 | +71.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 90250 in April 2024, up by 71.4% month-over-month. Of the 24 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for 90250, CA
How long does it take to sell a home in 90250, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 38 Days | +65.2% |
Summary: Homes in 90250 had an average of 38 days on market in Apr 2024, up by 65.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 90250; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.