Is 90063, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90063 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 90063 was a Seller's Market.

Key Takeaway

90063 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 90063, CA

How much do homes in 90063, CA cost?

Median Sold Price

$681,700

$619/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,300(-1.2%)

Key Takeaway

Homes in 90063 have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in 90063 was $681,700 in October 2024, down 1.2% from last year, and the median price per square foot was $619.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $447.5K$457.5K
+2.2%
2 $565K$585K
+3.5%
3 $690K$700K
+1.4%
4 $725K$822.5K
+13.4%
5+ $775K$755K
-2.6%

Summary: 90063 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

91754
+4.6%
90063
-1.2%

Housing Supply in 90063, CA

How many homes are available in 90063, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5768+19.3%

Summary: The 90063 real estate market had 68 homes for sale in October 2024, a 19.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1420
+42.9%
3 2126
+23.8%
4 1010
0.0%
5+ 1010
0.0%

Summary: The 90063 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 increased by 42.9%, 3 bedroom homes increased by 23.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90063, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 90063 in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.

Days on Market for 90063, CA

How long does it take to sell a home in 90063, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days54 Days+38.7%

Summary: Homes in 90063 had an average of 54 days on market in Oct 2024, up by 38.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90063 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 90063; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 13 Days Ago

Newest Listings in 90063, CA

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