Is 90069, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90069 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 90069 was a Seller's Market.

Key Takeaway

90069 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 90069, CA

How much do homes in 90069, CA cost?

Median Sold Price

$1,361,666

$894/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$82,030(-5.7%)

Key Takeaway

Homes in 90069 have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in 90069 was $1,361,666 in November 2024, down 5.7% from last year, and the median price per square foot was $894.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $675K$667K
-1.2%
2 $1.2M$1.0M
-13.4%
3 $2.9M$2.9M
-3.2%
4 $3.2M$4.1M
+24.8%
5+ $4.0M$3.7M
-7.8%

Summary: 90069 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 24.8%, and 5+ bedroom homes decreased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

90048
+11.5%
90046
+10.3%
90210
-5.5%
90069
-5.7%

Housing Supply in 90069, CA

How many homes are available in 90069, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
237266+12.2%

Summary: The 90069 real estate market had 266 homes for sale in November 2024, a 12.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4853
+10.4%
2 7383
+13.7%
3 5251
-1.9%
4 3337
+12.1%
5+ 3142
+35.5%

Summary: The 90069 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 13.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 35.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90069, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 90069 in November 2024, down by 8.3% month-over-month. Of the 22 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.

Days on Market for 90069, CA

How long does it take to sell a home in 90069, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days46 Days-4.7%

Summary: Homes in 90069 had an average of 46 days on market in Nov 2024, down by 4.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90069 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in 90069; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

Newest Listings in 90069, CA

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