$10,000 Closing Credit*
$1,949,000
1,920 SqFt
3 Beds
•3 Full Baths
Jonathan Rodriguez, Listing Office: CA Flat Fee Listings, Inc
Is 90046, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 90046 was a Seller's Market.
Key Takeaway
90046 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 90046, CA
How much do homes in 90046, CA cost?
Median Sold Price
$1,710,125
$808/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$159,458(+10.3%)
Key Takeaway
Homes in 90046 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 90046 was $1,710,125 in November 2024, up 10.3% from last year, and the median price per square foot was $808.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $559K | $590K | +5.5% |
| 2 Bedrooms | $1.1M | $1.1M | -4.4% |
| 3 Bedrooms | $1.6M | $1.9M | +16.5% |
| 4 Bedrooms | $2.5M | $2.7M | +10.8% |
| 5+ Bedrooms | $3.3M | $2.9M | -11.2% |
Summary: 90046 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 11.2%.
Housing Supply in 90046, CA
How many homes are available in 90046, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 259 | 271 | +4.6% |
Summary: The 90046 real estate market had 271 homes for sale in November 2024, a 4.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 25 | +4.2% |
| 2 Bedrooms | 58 | 61 | +5.2% |
| 3 Bedrooms | 71 | 78 | +9.9% |
| 4 Bedrooms | 56 | 49 | -12.5% |
| 5+ Bedrooms | 50 | 58 | +16.0% |
Summary: The 90046 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 26 | -33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90046, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 90046 in November 2024, down by 33.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 12% were sold at asking, and 38% were sold over asking.
Days on Market for 90046, CA
How long does it take to sell a home in 90046, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 29 Days | -39.6% |
Summary: Homes in 90046 had an average of 29 days on market in Nov 2024, down by 39.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90046 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 90046; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% 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.