$10,000 Closing Credit*
$1,280,000
3,986 SqFt
8 Beds
•4 Baths
Aisha Andrews, Listing Office: Architectural Estates
Is 90018, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 90018 was a Buyer's Market.
Key Takeaway
90018 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90018, CA
How much do homes in 90018, CA cost?
Median Sold Price
$950,000
$588/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$219,000(-18.7%)
Key Takeaway
Homes in 90018 have sold for 18.7% less than they did a month ago.
Summary: The median home sold price in 90018 was $950,000 in November 2024, down 18.7% from last month, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $340K | N/A |
| 2 Bedrooms | $887K | $652.5K | -26.4% |
| 3 Bedrooms | $1.1M | $1.0M | -14.5% |
| 4 Bedrooms | $1.7M | $820K | -51.9% |
| 5+ Bedrooms | $687.5K | $1.5M | +127.3% |
Summary: 90018 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.4%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 51.9%, and 5+ bedroom homes increased by 127.3%.
Housing Supply in 90018, CA
How many homes are available in 90018, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 102 | +8.5% |
Summary: The 90018 real estate market had 102 homes for sale in November 2024, a 8.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 35 | 37 | +5.7% |
Summary: The 90018 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 19 | +90.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90018, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 90018 in November 2024, up by 90.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.
Days on Market for 90018, CA
How long does it take to sell a home in 90018, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 85 Days | +42.1% |
Summary: Homes in 90018 had an average of 85 days on market in Nov 2024, up by 42.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 90018 has remained consistent over time.
Summary: During November 2024, 19 homes were sold in 90018; 16% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.