Is 90064, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90064 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 90064 was a Seller's Market.

Key Takeaway

90064 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 90064, CA

How much do homes in 90064, CA cost?

Median Sold Price

$1,650,000

$930/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$275,000(-14.3%)

Key Takeaway

Homes in 90064 have sold for 14.3% less than they did a year ago.

Summary: The median home sold price in 90064 was $1,650,000 in October 2024, down 14.3% from last year, and the median price per square foot was $930.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $607.5K$599K
-1.4%
2 $1.0M$1.0M
+7.8%
3 $1.9M$1.6M
-14.2%
4 $2.3M$2.3M
-2.1%
5+ $3.6M$2.9M
-20.5%

Summary: 90064 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 7.8%, 3 bedroom homes decreased by 14.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 20.5%.

Median Sold Price Compared To Nearby Zip Codes

90067
+17.4%
90034
+14.2%
90066
+6.1%
90025
+3.2%
90064
-14.3%

Housing Supply in 90064, CA

How many homes are available in 90064, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8884-4.5%

Summary: The 90064 real estate market had 84 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 03
+100.0%
2 2414
-41.7%
3 3332
-3.0%
4 1720
+17.6%
5+ 1415
+7.1%

Summary: The 90064 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2514-44.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90064, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 90064 in October 2024, down by 44.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 90064, CA

How long does it take to sell a home in 90064, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days29 Days-4.0%

Summary: Homes in 90064 had an average of 29 days on market in Oct 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90064 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 90064; 71% of homes were sold within 30 days, 21% 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 14 Days Ago

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