Is 90401, 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, 90401 has remained a Buyer's Market.
Housing Prices in 90401, CA
How much do homes in 90401, CA cost?
Median Sold Price
$1,325,000
$993/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90401 was $1,325,000 in April 2024, up 28.9% from last year, and the median price per square foot was $993.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $880K | $945K | +7.4% |
2 Bedrooms | $1.2M | $1.8M | +44.3% |
3 Bedrooms | $3.8M | - | N/A |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | $17.0M | $3.5M | -79.4% |
Summary: 90401 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 44.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 79.4%.
Housing Supply in 90401, CA
How many homes are available in 90401, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The 90401 real estate market had 23 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 10 | 14 | +40.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 90401 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 90401 in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 90401, CA
How long does it take to sell a home in 90401, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 204 Days | +518.2% |
Summary: Homes in 90401 had an average of 204 days on market in Apr 2024, up by 518.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 90401; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.