Is 90805, 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, 90805 has remained a Seller's Market.
Housing Prices in 90805, CA
How much do homes in 90805, CA cost?
Median Sold Price
$683,630
$543/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90805 was $683,630 in April 2024, up 5.2% from last year, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $419K | $325K | -22.4% |
2 Bedrooms | $600K | $629K | +4.8% |
3 Bedrooms | $678.5K | $710K | +4.6% |
4 Bedrooms | $766.2K | $800K | +4.4% |
5+ Bedrooms | $873.7K | $785K | -10.2% |
Summary: 90805 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 90805, CA
How many homes are available in 90805, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 73 | -1.4% |
Summary: The 90805 real estate market had 73 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 35 | 30 | -14.3% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 90805 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 23 | -11.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 90805 in April 2024, down by 11.5% month-over-month. Of the 23 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.
Days on Market for 90805, CA
How long does it take to sell a home in 90805, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 26 Days | +63.2% |
Summary: Homes in 90805 had an average of 26 days on market in Apr 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 90805; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.