Is 90065, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90065 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 90065 has remained a Seller's Market.

Key Takeaway

90065 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90065, CA

How much do homes in 90065, CA cost?

Median Sold Price

$1,180,000

$831/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+2.6%)

Key Takeaway

Homes in 90065 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 90065 was $1,180,000 in October 2024, up 2.6% from last year, and the median price per square foot was $831.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $700K$775K
+10.7%
2 $1.0M$968K
-4.3%
3 $1.2M$1.2M
+5.2%
4 $1.1M$1.2M
+7.0%
5+ $1.2M$1.5M
+17.9%

Summary: 90065 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 17.9%.

Median Sold Price Compared To Nearby Zip Codes

90042
+9.6%
90065
+2.6%
90041
+2.5%
90039
-7.9%

Housing Supply in 90065, CA

How many homes are available in 90065, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7383+13.7%

Summary: The 90065 real estate market had 83 homes for sale in October 2024, a 13.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 24
+100.0%
2 2723
-14.8%
3 2833
+17.9%
4 1117
+54.5%
5+ 56
+20.0%

Summary: The 90065 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 14.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1322+69.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90065, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 90065 in October 2024, up by 69.2% month-over-month. Of the 22 sold homes, 27% were sold under asking, 14% were sold at asking, and 59% were sold over asking.

Days on Market for 90065, CA

How long does it take to sell a home in 90065, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days29 Days-3.5%

Summary: Homes in 90065 had an average of 29 days on market in Oct 2024, down by 3.5% compared to last year.

Breakdown of Home Sale Times

15 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 90065 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 90065; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% 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

Newest Listings in 90065, CA

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