Is 90277, 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, 90277 has remained a Seller's Market.
Housing Prices in 90277, CA
How much do homes in 90277, CA cost?
Median Sold Price
$1,556,666
$894/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90277 was $1,556,666 in April 2024, up 2.2% from last year, and the median price per square foot was $894.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $760K | $768K | +1.1% |
2 Bedrooms | $1.1M | $1.1M | +3.4% |
3 Bedrooms | $1.5M | $1.6M | 0.5% |
4 Bedrooms | $1.7M | $1.9M | +8.6% |
5+ Bedrooms | $2.7M | $3.0M | +9.1% |
Summary: 90277 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 90277, CA
How many homes are available in 90277, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 83 | -1.2% |
Summary: The 90277 real estate market had 83 homes for sale in April 2024, a 1.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 28 | 28 | 0.0% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 90277 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 35 | +150.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 90277 in April 2024, up by 150.0% month-over-month. Of the 35 sold homes, 49% were sold under asking, 14% were sold at asking, and 37% were sold over asking.
Days on Market for 90277, CA
How long does it take to sell a home in 90277, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 23 Days | -44.8% |
Summary: Homes in 90277 had an average of 23 days on market in Apr 2024, down by 44.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in 90277; 77% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.