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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90063 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 90063 has remained a Seller's Market.

Key Takeaway

90063 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90063, CA

How much do homes in 90063, CA cost?

Median Sold Price

$671,000

$595/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$25,500(-3.7%)

Key Takeaway

Homes in 90063 have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in 90063 was $671,000 in December 2024, down 3.7% from last year, and the median price per square foot was $595.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $487.5K$480K
-1.5%
2 $565K$568.5K
+0.6%
3 $706K$699.5K
-0.9%
4 $730K$840K
+15.1%
5+ $745K$900K
+20.8%

Summary: 90063 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 20.8%.

Median Sold Price Compared To Nearby Zip Codes

91754
+3.7%
90063
-3.7%

Housing Supply in 90063, CA

How many homes are available in 90063, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5657+1.8%

Summary: The 90063 real estate market had 57 homes for sale in December 2024, a 1.8% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 2121
0.0%
3 2221
-4.5%
4 56
+20.0%
5+ 78
+14.3%

Summary: The 90063 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 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. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 90063 in December 2024, up by 133.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% 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

Dec 2023Dec 2024CHANGE
18 Days39 Days+113.1%

Summary: Homes in 90063 had an average of 39 days on market in Dec 2024, up by 113.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 14 homes were sold in 90063; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% 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 1 Day Ago

Newest Listings in 90063, CA

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