Is 90807, 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, 90807 has remained a Seller's Market.
Housing Prices in 90807, CA
How much do homes in 90807, CA cost?
Median Sold Price
$872,500
$585/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90807 was $872,500 in March 2024, down 3.1% from last year, and the median price per square foot was $585.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $381K | $376.7K | -1.1% |
2 Bedrooms | $672.5K | $650K | -3.3% |
3 Bedrooms | $1.0M | $955K | -4.5% |
4 Bedrooms | $1.2M | $1.1M | -7.7% |
5+ Bedrooms | $1.9M | $1.6M | -15.1% |
Summary: 90807 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 15.1%.
Housing Supply in 90807, CA
How many homes are available in 90807, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
64 | 62 | -3.1% |
Summary: The 90807 real estate market had 62 homes for sale in March 2024, a 3.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 90807 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 decreased by 11.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 90807 in March 2024, down by 5.6% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for 90807, CA
How long does it take to sell a home in 90807, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 38 Days | -1.7% |
Summary: Homes in 90807 had an average of 38 days on market in Mar 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 90807; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.