$10,000 Closing Credit*
$1,550,000
2,593 SqFt
4 Beds
•4 Full Baths
Jonathan Perez, Listing Office: Westside Estate Agency Inc.
Is 90038, 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, 90038 was a Neutral Market.
Key Takeaway
90038 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 90038, CA
How much do homes in 90038, CA cost?
Median Sold Price
$1,945,000
$557/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$656,000(+50.9%)
Key Takeaway
Homes in 90038 have sold for 50.9% more than they did a month ago.
Summary: The median home sold price in 90038 was $1,945,000 in November 2024, up 50.9% from last month, and the median price per square foot was $557.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.2M | - | N/A |
| 4 Bedrooms | $1.2M | $1.3M | +11.5% |
| 5+ Bedrooms | - | $2.6M | N/A |
Summary: 90038 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 90038 | $1.2M | $1.9M | +50.9% |
| 90029 | $1.1M | $1.1M | +3.0% |
Housing Supply in 90038, CA
How many homes are available in 90038, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 56 | +16.7% |
Summary: The 90038 real estate market had 56 homes for sale in November 2024, a 16.7% increase 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 | 7 | 8 | +14.3% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 13 | 19 | +46.2% |
Summary: The 90038 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 increased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 46.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90038, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 90038 in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 90038, CA
How long does it take to sell a home in 90038, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 62 Days | +128.7% |
Summary: Homes in 90038 had an average of 62 days on market in Nov 2024, up by 128.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90038 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 90038; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.