Is 90291, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 90291 was a Seller's Market.
Housing Prices in 90291, CA
How much do homes in 90291, CA cost?
Median Sold Price
$2,337,100
$1,149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90291 was $2,337,100 in March 2024, up 8.7% from last year, and the median price per square foot was $1,149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $1.5M | +19.3% |
2 Bedrooms | $1.7M | $1.7M | +2.9% |
3 Bedrooms | $2.1M | $2.0M | -7.9% |
4 Bedrooms | $2.9M | $3.0M | +2.3% |
5+ Bedrooms | $2.7M | $3.5M | +30.8% |
Summary: 90291 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 30.8%.
Housing Supply in 90291, CA
How many homes are available in 90291, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
134 | 154 | +14.9% |
Summary: The 90291 real estate market had 154 homes for sale in March 2024, a 14.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 20 | 24 | +20.0% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 36 | 48 | +33.3% |
5+ Bedrooms | 36 | 39 | +8.3% |
Summary: The 90291 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 90291 in March 2024, the same as the previous month. Of the 13 sold homes, 85% were sold under asking, 0% were sold at asking, and 15% were sold over asking.
Days on Market for 90291, CA
How long does it take to sell a home in 90291, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
46 Days | 66 Days | +43.6% |
Summary: Homes in 90291 had an average of 66 days on market in Mar 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 90291; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.