Is 90808, 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, 90808 has remained a Seller's Market.
Housing Prices in 90808, CA
How much do homes in 90808, CA cost?
Median Sold Price
$965,000
$655/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 90808 was $965,000 in April 2024, up 3.1% from last year, and the median price per square foot was $655.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $639.9K | N/A |
2 Bedrooms | $775K | $815K | +5.2% |
3 Bedrooms | $925K | $970K | +4.9% |
4 Bedrooms | $1.0M | $1.2M | +13.1% |
5+ Bedrooms | $1.2M | $1.2M | -4.8% |
Summary: 90808 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 increased by 5.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 4.8%.
Housing Supply in 90808, CA
How many homes are available in 90808, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 67 | +21.8% |
Summary: The 90808 real estate market had 67 homes for sale in April 2024, a 21.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 16 | +100.0% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 90808 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 100%, 3 bedroom homes increased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 90808 in April 2024, down by 20.0% month-over-month. Of the 16 sold homes, 19% were sold under asking, 13% were sold at asking, and 69% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 17 Days | -52.0% |
Summary: Homes in 90808 had an average of 17 days on market in Apr 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 90808; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.