Is 90605, 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, 90605 has remained a Seller's Market.
Housing Prices in 90605, CA
How much do homes in 90605, CA cost?
Median Sold Price
$775,000
$549/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90605 was $775,000 in April 2024, up 6.2% from last year, and the median price per square foot was $549.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $650.5K | $725K | +11.5% |
3 Bedrooms | $732.5K | $760K | +3.8% |
4 Bedrooms | $817.5K | $870K | +6.4% |
5+ Bedrooms | $2.4M | $1.6M | -34.9% |
Summary: 90605 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 11.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 34.9%.
Housing Supply in 90605, CA
How many homes are available in 90605, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 58 | +18.4% |
Summary: The 90605 real estate market had 58 homes for sale in April 2024, a 18.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 25 | 30 | +20.0% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 90605 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 decreased by 12.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 22 | +69.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 90605 in April 2024, up by 69.2% month-over-month. Of the 22 sold homes, 9% were sold under asking, 14% were sold at asking, and 77% were sold over asking.
Days on Market for 90605, CA
How long does it take to sell a home in 90605, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 20 Days | -69.1% |
Summary: Homes in 90605 had an average of 20 days on market in Apr 2024, down by 69.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 90605; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.