Is 90035, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90035 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 90035 was a Seller's Market.

Key Takeaway

90035 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 90035, CA

How much do homes in 90035, CA cost?

Median Sold Price

$1,700,000

$769/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+2.1%)

Key Takeaway

Homes in 90035 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 90035 was $1,700,000 in November 2024, up 2.1% from last year, and the median price per square foot was $769.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.1M$620K
-45.4%
2 $897.5K$910K
+1.4%
3 $1.5M$1.6M
+6.6%
4 $1.9M$1.9M
-1.3%
5+ $2.4M$2.3M
-6.1%

Summary: 90035 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.4%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

90067
+16.2%
90048
+11.5%
90211
+2.6%
90035
+2.1%
90212
-17.2%

Housing Supply in 90035, CA

How many homes are available in 90035, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7682+7.9%

Summary: The 90035 real estate market had 82 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1714
-17.6%
3 1623
+43.8%
4 1923
+21.1%
5+ 2221
-4.5%

Summary: The 90035 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90035, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 90035 in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 90035, CA

How long does it take to sell a home in 90035, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days22 Days+57.2%

Summary: Homes in 90035 had an average of 22 days on market in Nov 2024, up by 57.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90035 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 90035; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 90035, CA

Nearby Markets to 90035, CA