Is 90712, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 90712 has remained a Seller's Market.
Housing Prices in 90712, CA
How much do homes in 90712, CA cost?
Median Sold Price
$837,000
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90712 was $837,000 in March 2024, up 4.6% from last year, and the median price per square foot was $595.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $732.5K | $753.2K | +2.8% |
3 Bedrooms | $800K | $840K | +5.0% |
4 Bedrooms | $859K | $885K | +3.0% |
5+ Bedrooms | $1.0M | $980K | -7.5% |
Summary: 90712 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in 90712, CA
How many homes are available in 90712, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 41 | +32.3% |
Summary: The 90712 real estate market had 41 homes for sale in March 2024, a 32.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 17 | 24 | +41.2% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 90712 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 90712 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 8% were sold under asking, 0% were sold at asking, and 92% were sold over asking.
Days on Market for 90712, CA
How long does it take to sell a home in 90712, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 11 Days | -59.6% |
Summary: Homes in 90712 had an average of 11 days on market in Mar 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 90712; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.