$2,999,999
0.14 Acres
Land
Jesse Sanchez, Listing Office: Compass
Is 90020, 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, 90020 was a Seller's Market.
Key Takeaway
90020 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 90020, CA
How much do homes in 90020, CA cost?
Median Sold Price
$701,000
$543/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$185,000(-20.9%)
Key Takeaway
Homes in 90020 have sold for 20.9% less than they did a month ago.
Summary: The median home sold price in 90020 was $701,000 in October 2024, down 20.9% from last month, and the median price per square foot was $543.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $360K | N/A |
| 2 Bedrooms | $689K | $602K | -12.6% |
| 3 Bedrooms | $960K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $8.3M | $6.0M | -27.7% |
Summary: 90020 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 27.7%.
Median Sold Price Compared To Nearby Zip Codes
| 90010 | $665K | $812.5K | +22.2% |
| 90005 | $987.5K | $850K | -13.9% |
| 90020 | $886K | $701K | -20.9% |
Housing Supply in 90020, CA
How many homes are available in 90020, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The 90020 real estate market had 41 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The 90020 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90020, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 90020 in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 52 Days | +65.1% |
Summary: Homes in 90020 had an average of 52 days on market in Oct 2024, up by 65.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 90020 has remained consistent over time.
Summary: During October 2024, 6 homes were sold in 90020; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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.