Is 90806, 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, 90806 has remained a Seller's Market.
Housing Prices in 90806, CA
How much do homes in 90806, CA cost?
Median Sold Price
$782,500
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90806 was $782,500 in March 2024, up 8.7% 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 | $460K | $467K | +1.5% |
2 Bedrooms | $699K | $740K | +5.9% |
3 Bedrooms | $765K | $850K | +11.1% |
4 Bedrooms | $805K | $750.2K | -6.8% |
5+ Bedrooms | $980K | $975K | -0.5% |
Summary: 90806 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in 90806, CA
How many homes are available in 90806, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The 90806 real estate market had 28 homes for sale in March 2024, a 27.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 90806 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 90806 in March 2024, up by 60.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for 90806, CA
How long does it take to sell a home in 90806, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 20 Days | -49.1% |
Summary: Homes in 90806 had an average of 20 days on market in Mar 2024, down by 49.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 90806; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.