Is 90272, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 90272 was a Seller's Market.
Housing Prices in 90272, CA
How much do homes in 90272, CA cost?
Median Sold Price
$3,166,666
$1,198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90272 was $3,166,666 in April 2024, down 22.5% from last year, and the median price per square foot was $1,198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $860K | $539.5K | -37.3% |
2 Bedrooms | $1.6M | $1.4M | -13.5% |
3 Bedrooms | $3.0M | $2.5M | -15.3% |
4 Bedrooms | $4.5M | $3.9M | -13.1% |
5+ Bedrooms | $6.1M | $5.7M | -6.1% |
Summary: 90272 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.3%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 6.1%.
Housing Supply in 90272, CA
How many homes are available in 90272, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 131 | +28.4% |
Summary: The 90272 real estate market had 131 homes for sale in April 2024, a 28.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 12 | 22 | +83.3% |
3 Bedrooms | 24 | 29 | +20.8% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 42 | 52 | +23.8% |
Summary: The 90272 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 83.3%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 23.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 12 | -47.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 90272 in April 2024, down by 47.8% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% were sold over asking.
Days on Market for 90272, CA
How long does it take to sell a home in 90272, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 26 Days | -51.8% |
Summary: Homes in 90272 had an average of 26 days on market in Apr 2024, down by 51.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 90272; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.