Is 90808, 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, 90808 has remained a Seller's Market.
Housing Prices in 90808, CA
How much do homes in 90808, CA cost?
Median Sold Price
$960,666
$657/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 90808 was $960,666 in March 2024, up 1.1% from last year, and the median price per square foot was $657.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $527.4K | N/A |
2 Bedrooms | $775K | $806.2K | +4.0% |
3 Bedrooms | $937.5K | $970K | +3.5% |
4 Bedrooms | $1.1M | $1.1M | +7.7% |
5+ Bedrooms | $1.3M | $1.2M | -5.8% |
Summary: 90808 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 4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 5.8%.
Housing Supply in 90808, CA
How many homes are available in 90808, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 51 | -5.6% |
Summary: The 90808 real estate market had 51 homes for sale in March 2024, a 5.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 90808 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 12.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 20 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 90808 in March 2024, down by 16.7% month-over-month. Of the 20 sold homes, 15% were sold under asking, 10% were sold at asking, and 75% were sold over asking.
Days on Market for 90808, CA
How long does it take to sell a home in 90808, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 9 Days | -56.5% |
Summary: Homes in 90808 had an average of 9 days on market in Mar 2024, down by 56.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 90808; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.