Is 90036, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90036 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 90036 was a Neutral Market.

Key Takeaway

90036 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 90036, CA

How much do homes in 90036, CA cost?

Median Sold Price

$1,906,625

$757/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$198,375(+11.6%)

Key Takeaway

Homes in 90036 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 90036 was $1,906,625 in October 2024, up 11.6% from last year, and the median price per square foot was $757.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $490K$592.5K
+20.9%
2 $1.0M$899K
-10.3%
3 $1.7M$1.9M
+12.2%
4 $2.0M$2.1M
+4.4%
5+ $2.6M$2.5M
-4.1%

Summary: 90036 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

90036
+11.6%
90038
+10.9%
90048
+9.1%
90019
-0.7%

Housing Supply in 90036, CA

How many homes are available in 90036, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5165+27.5%

Summary: The 90036 real estate market had 65 homes for sale in October 2024, a 27.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 917
+88.9%
4 1416
+14.3%
5+ 2428
+16.7%

Summary: The 90036 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 88.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90036, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 90036 in October 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for 90036, CA

How long does it take to sell a home in 90036, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days71 Days+87.8%

Summary: Homes in 90036 had an average of 71 days on market in Oct 2024, up by 87.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 90036 has remained consistent over time.

Summary: During October 2024, 7 homes were sold in 90036; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% 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 14 Days Ago

Newest Listings in 90036, CA

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