$10,000 Closing Credit*
$1,500,000
2,142 SqFt
4 Beds
•3 Baths
John Ha, Listing Office: MUTOOF®
Is 90029, 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, 90029 was a Buyer's Market.
Key Takeaway
90029 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 90029, CA
How much do homes in 90029, CA cost?
Median Sold Price
$1,185,000
$627/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$35,000(+3.0%)
Key Takeaway
Homes in 90029 have sold for 3% more than they did a month ago.
Summary: The median home sold price in 90029 was $1,185,000 in November 2024, up 3% from last month, and the median price per square foot was $627.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $620K | - | N/A |
| 2 Bedrooms | $1.2M | $1.2M | +2.1% |
| 3 Bedrooms | $825K | $915K | +10.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.1M | $1.2M | +9.2% |
Summary: 90029 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 increased by 2.1%, 3 bedroom homes increased by 10.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.2%.
Housing Supply in 90029, CA
How many homes are available in 90029, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The 90029 real estate market had 42 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 90029 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 22.2%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90029, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in 90029 in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 90029, CA
How long does it take to sell a home in 90029, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 31 Days | +181.9% |
Summary: Homes in 90029 had an average of 31 days on market in Nov 2024, up by 181.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 90029 has remained consistent over time.
Summary: During November 2024, 7 homes were sold in 90029; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% 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.