Is 90802, 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, 90802 has remained a Seller's Market.
Housing Prices in 90802, CA
How much do homes in 90802, CA cost?
Median Sold Price
$529,750
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90802 was $529,750 in March 2024, up 1.9% 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 | $443K | $435K | -1.8% |
2 Bedrooms | $579.9K | $565K | -2.6% |
3 Bedrooms | $840K | $955K | +13.7% |
4 Bedrooms | $2.4M | $1.2M | -47.6% |
5+ Bedrooms | $1.2M | $6.2M | +399.0% |
Summary: 90802 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 13.7%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes increased by 399%.
Housing Supply in 90802, CA
How many homes are available in 90802, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 128 | +13.3% |
Summary: The 90802 real estate market had 128 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 48 | 57 | +18.8% |
2 Bedrooms | 48 | 51 | +6.3% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 90802 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 29 | +61.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 90802 in March 2024, up by 61.1% month-over-month. Of the 29 sold homes, 34% were sold under asking, 21% were sold at asking, and 45% were sold over asking.
Days on Market for 90802, CA
How long does it take to sell a home in 90802, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 34 Days | +20.5% |
Summary: Homes in 90802 had an average of 34 days on market in Mar 2024, up by 20.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 90802; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.