$3,300,000
8,270 SqFt
4 Beds
•16 Baths
Taylor Avakian, Listing Office: Lyon Stahl Investment Real Estate, Inc.
Is 90026, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 90026 has remained a Neutral Market.
Key Takeaway
90026 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 90026, CA
How much do homes in 90026, CA cost?
Median Sold Price
$1,295,000
$789/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$75,018(-5.5%)
Key Takeaway
Homes in 90026 have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in 90026 was $1,295,000 in October 2024, down 5.5% from last year, and the median price per square foot was $789.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $725K | $635.3K | -12.4% |
| 2 Bedrooms | $1.0M | $1.1M | +0.7% |
| 3 Bedrooms | $1.4M | $1.3M | -6.5% |
| 4 Bedrooms | $1.3M | $1.6M | +17.8% |
| 5+ Bedrooms | $1.6M | $1.6M | +2.7% |
Summary: 90026 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.4%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Zip Codes
| 90026 | $1.3M | $1.2M | -5.5% |
| 90039 | $1.4M | $1.3M | -7.9% |
Housing Supply in 90026, CA
How many homes are available in 90026, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 134 | +8.9% |
Summary: The 90026 real estate market had 134 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 26 | 27 | +3.8% |
| 3 Bedrooms | 37 | 41 | +10.8% |
| 4 Bedrooms | 26 | 25 | -3.8% |
| 5+ Bedrooms | 31 | 37 | +19.4% |
Summary: The 90026 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90026, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 90026 in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 55% were sold under asking, 14% were sold at asking, and 32% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 41 Days | -9.3% |
Summary: Homes in 90026 had an average of 41 days on market in Oct 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90026 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in 90026; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% 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.