Is 90212, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90212 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 90212 has remained a Buyer's Market.

Key Takeaway

90212 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 90212, CA

How much do homes in 90212, CA cost?

Median Sold Price

$2,450,000

$821/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$510,000(-17.2%)

Key Takeaway

Homes in 90212 have sold for 17.2% less than they did a year ago.

Summary: The median home sold price in 90212 was $2,450,000 in November 2024, down 17.2% from last year, and the median price per square foot was $821.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $762.5K$1.1M
+44.3%
2 $1.7M$1.4M
-18.0%
3 $2.8M$2.1M
-26.1%
4 $3.4M$3.5M
+4.1%
5+ $4.1M$3.4M
-17.1%

Summary: 90212 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.3%, 2 bedroom homes decreased by 18%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

90067
+16.2%
90211
+2.6%
90035
+2.1%
90210
-5.5%
90212
-17.2%

Housing Supply in 90212, CA

How many homes are available in 90212, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3729-21.6%

Summary: The 90212 real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 107
-30.0%
3 66
0.0%
4 66
0.0%
5+ 149
-35.7%

Summary: The 90212 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 35.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90212, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 90212 in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 90212, CA

How long does it take to sell a home in 90212, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days42 Days-16.0%

Summary: Homes in 90212 had an average of 42 days on market in Nov 2024, down by 16% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90212 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 90212; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

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