Is 90020, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90020 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 90020 was a Neutral Market.

Key Takeaway

90020 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90020, CA

How much do homes in 90020, CA cost?

Median Sold Price

$830,000

$678/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$129,000(+18.4%)

Key Takeaway

Homes in 90020 have sold for 18.4% more than they did a month ago.

Summary: The median home sold price in 90020 was $830,000 in November 2024, up 18.4% from last month, and the median price per square foot was $678.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $360K$395K
+9.7%
2 $602K$723.5K
+20.2%
3 -$990K
N/A
4 --
N/A
5+ $6.0M$6.3M
+4.4%

Summary: 90020 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 20.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.4%.

Median Sold Price Compared To Nearby Zip Codes

90020
+18.4%
90010
+15.1%

Housing Supply in 90020, CA

How many homes are available in 90020, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4240-4.8%

Summary: The 90020 real estate market had 40 homes for sale in November 2024, a 4.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 1614
-12.5%
3 99
0.0%
4 22
0.0%
5+ 99
0.0%

Summary: The 90020 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 decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90020, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 90020 in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 90020, CA

How long does it take to sell a home in 90020, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
52 Days19 Days-63.1%

Summary: Homes in 90020 had an average of 19 days on market in Nov 2024, down by 63.1% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90020 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in 90020; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 90020, CA

Nearby Markets to 90020, CA