Is 90292, 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, 90292 has remained a Neutral Market.
Key Takeaway
90292 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 90292, CA
How much do homes in 90292, CA cost?
Median Sold Price
$1,341,500
$826/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 90292 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 90292 was $1,341,500 in April 2024, up 3.2% from last year, and the median price per square foot was $826.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $747.2K | $640K | -14.4% |
| 2 Bedrooms | $1.2M | $1.2M | -0.6% |
| 3 Bedrooms | $1.5M | $1.5M | +0.7% |
| 4 Bedrooms | $3.4M | $3.2M | -6.8% |
| 5+ Bedrooms | $3.2M | $2.7M | -13.8% |
Summary: 90292 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.4%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 13.8%.
Housing Supply in 90292, CA
How many homes are available in 90292, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 110 | 122 | +10.9% |
Summary: The 90292 real estate market had 122 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 17 | +13.3% |
| 2 Bedrooms | 49 | 51 | +4.1% |
| 3 Bedrooms | 31 | 35 | +12.9% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 90292 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90292, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 90292 in April 2024, the same as the previous month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.
Days on Market for 90292, CA
How long does it take to sell a home in 90292, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 56 Days | +28.2% |
Summary: Homes in 90292 had an average of 56 days on market in Apr 2024, up by 28.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90292 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 90292; 47% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.