$7,600 Closing Credit*
$639,999
1,047 SqFt
3 Beds
•1 Full Bath
Carlos Garcia, Listing Office: Excellence RE Real Estate, Inc.
Is 90220, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 90220 has remained a Seller's Market.
Key Takeaway
90220 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90220, CA
How much do homes in 90220, CA cost?
Median Sold Price
$630,000
$523/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,100(+8.6%)
Key Takeaway
Homes in 90220 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 90220 was $630,000 in October 2024, up 8.6% from last year, and the median price per square foot was $523.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $427.5K | $350K | -18.1% |
| 2 Bedrooms | $525K | $554.9K | +5.7% |
| 3 Bedrooms | $600K | $635K | +5.8% |
| 4 Bedrooms | $596K | $690K | +15.8% |
| 5+ Bedrooms | $580K | $875K | +50.9% |
Summary: 90220 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 50.9%.
Housing Supply in 90220, CA
How many homes are available in 90220, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 63 | +21.2% |
Summary: The 90220 real estate market had 63 homes for sale in October 2024, a 21.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 25 | 37 | +48.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 90220 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 48%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90220, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in 90220 in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 21% were sold under asking, 7% were sold at asking, and 71% were sold over asking.
Days on Market for 90220, CA
How long does it take to sell a home in 90220, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 25 Days | +28.6% |
Summary: Homes in 90220 had an average of 25 days on market in Oct 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90220 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 90220; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.