Is 90265, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 90265 was a Seller's Market.
Housing Prices in 90265, CA
How much do homes in 90265, CA cost?
Median Sold Price
$3,225,000
$1,359/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90265 was $3,225,000 in April 2024, down 13.3% from last year, and the median price per square foot was $1,359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.4M | $1.0M | -25.9% |
2 Bedrooms | $1.5M | $1.3M | -7.0% |
3 Bedrooms | $2.8M | $3.0M | +9.7% |
4 Bedrooms | $4.3M | $3.7M | -13.7% |
5+ Bedrooms | $7.9M | $9.0M | +12.6% |
Summary: 90265 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 90265, CA
How many homes are available in 90265, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
209 | 247 | +18.2% |
Summary: The 90265 real estate market had 247 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 64 | 72 | +12.5% |
4 Bedrooms | 49 | 60 | +22.4% |
5+ Bedrooms | 62 | 79 | +27.4% |
Summary: The 90265 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 27.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 13 | -18.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 90265 in April 2024, down by 18.8% month-over-month. Of the 13 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for 90265, CA
How long does it take to sell a home in 90265, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 61 Days | -35.2% |
Summary: Homes in 90265 had an average of 61 days on market in Apr 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 90265; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.