Is 90291, 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, 90291 was a Seller's Market.
Housing Prices in 90291, CA
How much do homes in 90291, CA cost?
Median Sold Price
$2,205,000
$1,135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90291 was $2,205,000 in April 2024, up 1.4% from last year, and the median price per square foot was $1,135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $1.5M | +17.5% |
2 Bedrooms | $1.7M | $1.7M | +0.7% |
3 Bedrooms | $2.1M | $1.9M | -9.9% |
4 Bedrooms | $3.0M | $2.9M | -4.4% |
5+ Bedrooms | $2.9M | $3.4M | +13.4% |
Summary: 90291 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 90291, CA
How many homes are available in 90291, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
135 | 174 | +28.9% |
Summary: The 90291 real estate market had 174 homes for sale in April 2024, a 28.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 22 | 38 | +72.7% |
3 Bedrooms | 32 | 46 | +43.8% |
4 Bedrooms | 43 | 48 | +11.6% |
5+ Bedrooms | 31 | 35 | +12.9% |
Summary: The 90291 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 72.7%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 90291 in April 2024, up by 46.7% month-over-month. Of the 22 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for 90291, CA
How long does it take to sell a home in 90291, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 57 Days | +24.4% |
Summary: Homes in 90291 had an average of 57 days on market in Apr 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 90291; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.