$2,900,000
Studio
RACHAEL NOL, Listing Office: KELLER WILLIAMS RIVERSIDE CENT
Is 90033, 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, 90033 was a Seller's Market.
Key Takeaway
90033 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 90033, CA
How much do homes in 90033, CA cost?
Median Sold Price
$804,000
$396/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$11,000(-1.3%)
Key Takeaway
Homes in 90033 have sold for 1.3% less than they did a month ago.
Summary: The median home sold price in 90033 was $804,000 in October 2024, down 1.3% from last month, and the median price per square foot was $396.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $490K | - | N/A |
| 2 Bedrooms | $2.5M | $500K | -80.0% |
| 3 Bedrooms | $727.5K | - | N/A |
| 4 Bedrooms | - | $782.5K | N/A |
| 5+ Bedrooms | $1.1M | $835K | -24.1% |
Summary: 90033 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 80%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 24.1%.
Housing Supply in 90033, CA
How many homes are available in 90033, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The 90033 real estate market had 37 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The 90033 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90033, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 90033 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for 90033, CA
How long does it take to sell a home in 90033, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 41 Days | -48.1% |
Summary: Homes in 90033 had an average of 41 days on market in Oct 2024, down by 48.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90033 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in 90033; 50% of homes were sold within 30 days, 33% 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.