Is 90660, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90660 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 90660 has remained a Seller's Market.

Key Takeaway

90660 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90660, CA

How much do homes in 90660, CA cost?

Median Sold Price

$705,000

$558/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+3.7%)

Key Takeaway

Homes in 90660 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 90660 was $705,000 in April 2024, up 3.7% from last year, and the median price per square foot was $558.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$400.5K
N/A
2 $628K$637.5K
+1.5%
3 $680K$710K
+4.4%
4 $737.5K$750K
+1.7%
5+ $700K$841K
+20.1%

Summary: 90660 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 1.5%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 20.1%.

Median Sold Price Compared To Nearby Zip Codes

90606
+6.6%
90670
+4.3%
90601
+3.8%
90660
+3.7%
90640
+1.4%

Housing Supply in 90660, CA

How many homes are available in 90660, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3146+48.4%

Summary: The 90660 real estate market had 46 homes for sale in April 2024, a 48.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 79
+28.6%
3 1628
+75.0%
4 76
-14.3%
5+ 12
+100.0%

Summary: The 90660 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
11110.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90660, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 90660 in April 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.

Days on Market for 90660, CA

How long does it take to sell a home in 90660, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days14 Days-67.5%

Summary: Homes in 90660 had an average of 14 days on market in Apr 2024, down by 67.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90660 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 90660; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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