Is 90266, 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, 90266 has remained a Seller's Market.
Housing Prices in 90266, CA
How much do homes in 90266, CA cost?
Median Sold Price
$2,775,000
$1,300/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90266 was $2,775,000 in April 2024, down 11.9% from last year, and the median price per square foot was $1,300.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.5M | $410K | -74.1% |
2 Bedrooms | $1.7M | $1.7M | -3.7% |
3 Bedrooms | $2.4M | $2.2M | -7.1% |
4 Bedrooms | $3.4M | $3.3M | -1.5% |
5+ Bedrooms | $4.3M | $5.1M | +18.0% |
Summary: 90266 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 18%.
Housing Supply in 90266, CA
How many homes are available in 90266, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
123 | 119 | -3.3% |
Summary: The 90266 real estate market had 119 homes for sale in April 2024, a 3.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 39 | 29 | -25.6% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 49 | 54 | +10.2% |
Summary: The 90266 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 25.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 22 | -21.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 90266 in April 2024, down by 21.4% month-over-month. Of the 22 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for 90266, CA
How long does it take to sell a home in 90266, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 28 Days | -49.6% |
Summary: Homes in 90266 had an average of 28 days on market in Apr 2024, down by 49.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 90266; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.