Is 90720, 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, 90720 has remained a Seller's Market.
Housing Prices in 90720, CA
How much do homes in 90720, CA cost?
Median Sold Price
$1,400,000
$681/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90720 was $1,400,000 in April 2024, up 1.8% from last year, and the median price per square foot was $681.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $707.5K | $789K | +11.5% |
3 Bedrooms | $1.3M | $1.3M | 0.4% |
4 Bedrooms | $1.4M | $1.5M | +8.0% |
5+ Bedrooms | $1.5M | $1.7M | +10.7% |
Summary: 90720 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 11.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in 90720, CA
How many homes are available in 90720, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 53 | +15.2% |
Summary: The 90720 real estate market had 53 homes for sale in April 2024, a 15.2% 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 | 3 | +200.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 90720 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 increased by 31.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 90720 in April 2024, up by 54.5% month-over-month. Of the 17 sold homes, 18% were sold under asking, 41% were sold at asking, and 41% were sold over asking.
Days on Market for 90720, CA
How long does it take to sell a home in 90720, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 17 Days | +32.9% |
Summary: Homes in 90720 had an average of 17 days on market in Apr 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
15 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, 17 homes were sold in 90720; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.