Is 90620, 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, 90620 has remained a Seller's Market.
Housing Prices in 90620, CA
How much do homes in 90620, CA cost?
Median Sold Price
$860,000
$624/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90620 was $860,000 in April 2024, up 4.5% from last year, and the median price per square foot was $624.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $661.6K | $740K | +11.8% |
3 Bedrooms | $810K | $845K | +4.3% |
4 Bedrooms | $837.4K | $880K | +5.1% |
5+ Bedrooms | $965K | $1.0M | +7.8% |
Summary: 90620 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 11.8%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 90620, CA
How many homes are available in 90620, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Summary: The 90620 real estate market had 43 homes for sale in April 2024, a 13.2% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 90620 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 19 | +72.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 90620 in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 26% were sold under asking, 21% were sold at asking, and 53% were sold over asking.
Days on Market for 90620, CA
How long does it take to sell a home in 90620, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 17 Days | -26.1% |
Summary: Homes in 90620 had an average of 17 days on market in Apr 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 90620; 89% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.