Is 90814, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90814 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 90814 was a Seller's Market.

Key Takeaway

90814 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 90814, CA

How much do homes in 90814, CA cost?

Median Sold Price

$865,000

$615/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$220,000(+34.1%)

Key Takeaway

Homes in 90814 have sold for 34.1% more than they did a year ago.

Summary: The median home sold price in 90814 was $865,000 in April 2024, up 34.1% from last year, and the median price per square foot was $615.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $450K$439K
-2.4%
2 $600K$612.5K
+2.1%
3 $1.3M$1.2M
-5.9%
4 $1.4M$1.7M
+22.8%
5+ $1.4M$1.6M
+10.4%

Summary: 90814 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Zip Codes

90814
+34.1%
90803
+7.7%
90804
+1.5%

Housing Supply in 90814, CA

How many homes are available in 90814, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2631+19.2%

Summary: The 90814 real estate market had 31 homes for sale in April 2024, a 19.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 1113
+18.2%
3 57
+40.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 90814 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90814, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 90814 in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 90814, CA

How long does it take to sell a home in 90814, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
11 Days24 Days+111.2%

Summary: Homes in 90814 had an average of 24 days on market in Apr 2024, up by 111.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90814 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 90814; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in 90814, CA

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