Is 90713, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90713 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 90713 has remained a Seller's Market.

Key Takeaway

90713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90713, CA

How much do homes in 90713, CA cost?

Median Sold Price

$850,000

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$31,000(+3.8%)

Key Takeaway

Homes in 90713 have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in 90713 was $850,000 in April 2024, up 3.8% from last year, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $717.5K$774.2K
+7.9%
3 $820K$850K
+3.7%
4 $859K$910K
+5.9%
5+ $995K$1.0M
0.5%

Summary: 90713 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 7.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

90703
+9.4%
90715
+6.9%
90706
+6.8%
90713
+3.8%
90808
+3.1%

Housing Supply in 90713, CA

How many homes are available in 90713, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3940+2.6%

Summary: The 90713 real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 2826
-7.1%
4 76
-14.3%
5+ 22
0.0%

Summary: The 90713 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 200%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1520+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90713, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 90713 in April 2024, up by 33.3% month-over-month. Of the 20 sold homes, 15% were sold under asking, 10% were sold at asking, and 75% were sold over asking.

Days on Market for 90713, CA

How long does it take to sell a home in 90713, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days18 Days-35.4%

Summary: Homes in 90713 had an average of 18 days on market in Apr 2024, down by 35.4% compared to last year.

Breakdown of Home Sale Times

19 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 90713 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 20 homes were sold in 90713; 95% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in 90713, CA

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