Is 90807, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$863,500
$585/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90807 was $863,500 in April 2024, down 4% from last year, and the median price per square foot was $585.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $380K | 0.0% |
2 Bedrooms | $670K | $650K | -3.0% |
3 Bedrooms | $984K | $960K | -2.4% |
4 Bedrooms | $1.2M | $1.1M | -4.5% |
5+ Bedrooms | $1.9M | $1.7M | -13.8% |
Summary: 90807 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 13.8%.
Housing Supply in 90807, CA
How many homes are available in 90807, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 75 | +10.3% |
Summary: The 90807 real estate market had 75 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 17 | 15 | -11.8% |
3 Bedrooms | 27 | 31 | +14.8% |
4 Bedrooms | 11 | 20 | +81.8% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The 90807 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 81.8%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 90807 in April 2024, up by 27.8% month-over-month. Of the 23 sold homes, 22% were sold under asking, 22% were sold at asking, and 57% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 21 Days | +4.7% |
Summary: Homes in 90807 had an average of 21 days on market in Apr 2024, up by 4.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in 90807; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.