Is 90504, 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, 90504 has remained a Seller's Market.
Housing Prices in 90504, CA
How much do homes in 90504, CA cost?
Median Sold Price
$935,000
$658/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90504 was $935,000 in April 2024, down 1.6% from last year, and the median price per square foot was $658.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $760K | $764K | 0.5% |
3 Bedrooms | $947.5K | $907K | -4.3% |
4 Bedrooms | $1.0M | $1.1M | +5.5% |
5+ Bedrooms | $1.3M | $1.2M | -1.5% |
Summary: 90504 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 90504, CA
How many homes are available in 90504, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 56 | 0.0% |
Summary: The 90504 real estate market had 56 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 33 | 27 | -18.2% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 90504 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 16.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 90504 in April 2024, up by 10.0% month-over-month. Of the 22 sold homes, 23% were sold under asking, 5% were sold at asking, and 73% were sold over asking.
Days on Market for 90504, CA
How long does it take to sell a home in 90504, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 16 Days | -44.4% |
Summary: Homes in 90504 had an average of 16 days on market in Apr 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 90504; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.