Is 90744, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90744 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 90744 has remained a Seller's Market.

Key Takeaway

90744 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90744, CA

How much do homes in 90744, CA cost?

Median Sold Price

$691,000

$554/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$66,000(+10.6%)

Key Takeaway

Homes in 90744 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 90744 was $691,000 in March 2024, up 10.6% from last year, and the median price per square foot was $554.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $508K$600K
+18.1%
3 $640K$687.5K
+7.4%
4 $695K$770K
+10.8%
5+ $797.5K$962.9K
+20.7%

Summary: 90744 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 18.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 20.7%.

Median Sold Price Compared To Nearby Zip Codes

90744
+10.6%
90731
+7.1%
90810
+1.5%
90745
+1.4%
90710
-0.1%

Housing Supply in 90744, CA

How many homes are available in 90744, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2425+4.2%

Summary: The 90744 real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 1414
0.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The 90744 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90744, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 90744 in March 2024, up by 125.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 90744, CA

How long does it take to sell a home in 90744, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
21 Days15 Days-28.6%

Summary: Homes in 90744 had an average of 15 days on market in Mar 2024, down by 28.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90744 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 9 homes were sold in 90744; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% 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 27 Days Ago

Newest Listings in 90744, CA

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