Is 90290, 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, 90290 was a Seller's Market.
Housing Prices in 90290, CA
How much do homes in 90290, CA cost?
Median Sold Price
$1,650,000
$878/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90290 was $1,650,000 in April 2024, down 7.8% from last year, and the median price per square foot was $878.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.4M | $1.0M | -31.0% |
2 Bedrooms | $1.3M | $1.3M | -3.7% |
3 Bedrooms | $1.6M | $1.5M | -5.3% |
4 Bedrooms | $2.1M | $2.3M | +11.2% |
5+ Bedrooms | $1.9M | $2.8M | +46.4% |
Summary: 90290 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 46.4%.
Housing Supply in 90290, CA
How many homes are available in 90290, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Summary: The 90290 real estate market had 36 homes for sale in April 2024, a 20.0% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 90290 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 90290 in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 90290, CA
How long does it take to sell a home in 90290, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 58 Days | +15.6% |
Summary: Homes in 90290 had an average of 58 days on market in Apr 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 90290; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.