$5,451 Closing Credit*
$459,000
779 SqFt
1 Bed
•1 Full Bath
Brian Christie, Listing Office: RE/MAX ESTATE PROPERTIES
Is 90230, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 90230 has remained a Seller's Market.
Key Takeaway
90230 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90230, CA
How much do homes in 90230, CA cost?
Median Sold Price
$823,000
$708/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$110,333(-11.8%)
Key Takeaway
Homes in 90230 have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in 90230 was $823,000 in November 2024, down 11.8% from last year, and the median price per square foot was $708.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530K | $497K | -6.2% |
| 2 Bedrooms | $678K | $680K | 0.3% |
| 3 Bedrooms | $1.2M | $1.3M | +9.7% |
| 4 Bedrooms | $1.8M | $1.6M | -12.2% |
| 5+ Bedrooms | $2.6M | $3.0M | +16.0% |
Summary: 90230 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes increased by 16%.
Housing Supply in 90230, CA
How many homes are available in 90230, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 97 | 90 | -7.2% |
Summary: The 90230 real estate market had 90 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 8 | -46.7% |
| 2 Bedrooms | 28 | 33 | +17.9% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 90230 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 46.7%, 2 bedroom homes increased by 17.9%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90230, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 90230 in November 2024, down by 37.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for 90230, CA
How long does it take to sell a home in 90230, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 42 Days | +116.9% |
Summary: Homes in 90230 had an average of 42 days on market in Nov 2024, up by 116.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90230 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 90230; 53% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% 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.