Is 90094, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90094 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 90094 has remained a Seller's Market.

Key Takeaway

90094 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90094, CA

How much do homes in 90094, CA cost?

Median Sold Price

$1,335,000

$892/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,500(+0.9%)

Key Takeaway

Homes in 90094 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 90094 was $1,335,000 in November 2024, up 0.9% from last year, and the median price per square foot was $892.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $835K$712.9K
-14.6%
2 $1.1M$1.1M
+3.9%
3 $1.8M$1.5M
-17.2%
4 $2.2M$2.9M
+30.4%
5+ $4.0M$6.3M
+59.6%

Summary: 90094 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 59.6%.

Median Sold Price Compared To Nearby Zip Codes

90066
+5.2%
90045
+1.6%
90094
+0.9%
90293
-3.2%
90292
-5.6%

Housing Supply in 90094, CA

How many homes are available in 90094, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4334-20.9%

Summary: The 90094 real estate market had 34 homes for sale in November 2024, a 20.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 35
+66.7%
2 1711
-35.3%
3 1814
-22.2%
4 54
-20.0%
5+ 00
0.0%

Summary: The 90094 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90094, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 90094 in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 90094, CA

How long does it take to sell a home in 90094, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days58 Days+196.7%

Summary: Homes in 90094 had an average of 58 days on market in Nov 2024, up by 196.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 90094 has remained consistent over time.

Summary: During November 2024, 10 homes were sold in 90094; 20% of homes were sold within 30 days, 60% 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 2 Days Ago

Newest Listings in 90094, CA

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