Is 90606, 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, 90606 has remained a Seller's Market.
Housing Prices in 90606, CA
How much do homes in 90606, CA cost?
Median Sold Price
$746,500
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90606 was $746,500 in April 2024, up 6.6% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | $680K | +33.3% |
2 Bedrooms | $652.5K | $673.7K | +3.3% |
3 Bedrooms | $710K | $746.5K | +5.1% |
4 Bedrooms | $726.5K | $770K | +6.0% |
5+ Bedrooms | $742.9K | $790K | +6.3% |
Summary: 90606 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 90606, CA
How many homes are available in 90606, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 28 | -3.4% |
Summary: The 90606 real estate market had 28 homes for sale in April 2024, a 3.4% decrease 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 | 5 | 4 | -20.0% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 90606 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 90606 in April 2024, up by 71.4% month-over-month. Of the 12 sold homes, 25% were sold under asking, 8% were sold at asking, and 67% were sold over asking.
Days on Market for 90606, CA
How long does it take to sell a home in 90606, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 11 Days | -54.8% |
Summary: Homes in 90606 had an average of 11 days on market in Apr 2024, down by 54.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 90606; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.