Is 90067, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90067 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 90067 was a Neutral Market.

Key Takeaway

90067 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 90067, CA

How much do homes in 90067, CA cost?

Median Sold Price

$1,692,737

$848/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$250,737(+17.4%)

Key Takeaway

Homes in 90067 have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in 90067 was $1,692,737 in October 2024, up 17.4% from last year, and the median price per square foot was $848.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $632K$635K
0.5%
2 $1.2M$1.6M
+31.4%
3 $4.1M$2.2M
-46.3%
4 $3.2M$12.7M
+298.0%
5+ $6.8M$4.3M
-36.4%

Summary: 90067 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes increased by 31.4%, 3 bedroom homes decreased by 46.3%, 4 bedroom homes increased by 298%, and 5+ bedroom homes decreased by 36.4%.

Median Sold Price Compared To Nearby Zip Codes

90067
+17.4%
90035
+2.0%
90024
-2.0%
90064
-14.3%
90212
-15.5%

Housing Supply in 90067, CA

How many homes are available in 90067, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5859+1.7%

Summary: The 90067 real estate market had 59 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 3637
+2.8%
3 1313
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The 90067 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 2.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90067, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 90067 in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 90067, CA

How long does it take to sell a home in 90067, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days61 Days+55.5%

Summary: Homes in 90067 had an average of 61 days on market in Oct 2024, up by 55.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90067 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in 90067; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 90067, CA

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