Is 90026, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90026 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 90026 has remained a Seller's Market.

Key Takeaway

90026 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90026, CA

How much do homes in 90026, CA cost?

Median Sold Price

$1,250,000

$782/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$130,000(-9.4%)

Key Takeaway

Homes in 90026 have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in 90026 was $1,250,000 in November 2024, down 9.4% from last year, and the median price per square foot was $782.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $693.7K$655K
-5.6%
2 $1.0M$1.1M
0.4%
3 $1.4M$1.3M
-8.1%
4 $1.8M$1.4M
-20.0%
5+ $1.6M$1.5M
-1.1%

Summary: 90026 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

90039
+5.3%
90026
-9.4%

Housing Supply in 90026, CA

How many homes are available in 90026, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127126-0.8%

Summary: The 90026 real estate market had 126 homes for sale in November 2024, a 0.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 57
+40.0%
2 2622
-15.4%
3 3936
-7.7%
4 2225
+13.6%
5+ 3536
+2.9%

Summary: The 90026 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 2.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90026, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 90026 in November 2024, up by 8.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 12% were sold at asking, and 48% were sold over asking.

Days on Market for 90026, CA

How long does it take to sell a home in 90026, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
35 Days50 Days+42.4%

Summary: Homes in 90026 had an average of 50 days on market in Nov 2024, up by 42.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90026 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 25 homes were sold in 90026; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 16% 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 90026, CA

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