$7,719 Closing Credit*
$649,999
1,281 SqFt
3 Beds
•2 Full Baths, 1 Partial
NEIDA ROMO, Listing Office: COLDWELL BANKER GEORGE REALTY
Is 90240, 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, 90240 has remained a Seller's Market.
Key Takeaway
90240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90240, CA
How much do homes in 90240, CA cost?
Median Sold Price
$945,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+8.6%)
Key Takeaway
Homes in 90240 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 90240 was $945,000 in November 2024, up 8.6% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $558K | - | N/A |
| 2 Bedrooms | $661K | $685K | +3.6% |
| 3 Bedrooms | $845K | $888K | +5.1% |
| 4 Bedrooms | $1.0M | $1.1M | +11.5% |
| 5+ Bedrooms | $1.3M | $2.1M | +64.2% |
Summary: 90240 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 64.2%.
Housing Supply in 90240, CA
How many homes are available in 90240, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The 90240 real estate market had 40 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The 90240 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 increased by 50%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90240, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in 90240 in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for 90240, CA
How long does it take to sell a home in 90240, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -13.0% |
Summary: Homes in 90240 had an average of 28 days on market in Nov 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90240 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in 90240; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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.