$2,699,000
2,082 SqFt
4 Beds
•4 Full Baths
Jilina Scott, Listing Office: Beverly and Company, Inc.
Is 90265, 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, 90265 has remained a Buyer's Market.
Key Takeaway
90265 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 90265, CA
How much do homes in 90265, CA cost?
Median Sold Price
$3,500,000
$1,281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$500,000(+16.7%)
Key Takeaway
Homes in 90265 have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in 90265 was $3,500,000 in November 2024, up 16.7% from last year, and the median price per square foot was $1,281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $2.1M | +90.9% |
| 2 Bedrooms | $1.4M | $1.3M | -7.8% |
| 3 Bedrooms | $3.0M | $2.2M | -25.5% |
| 4 Bedrooms | $3.5M | $4.3M | +20.8% |
| 5+ Bedrooms | $8.5M | $7.1M | -15.3% |
Summary: 90265 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.9%, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 15.3%.
Housing Supply in 90265, CA
How many homes are available in 90265, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 247 | 269 | +8.9% |
Summary: The 90265 real estate market had 269 homes for sale in November 2024, a 8.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 69 | 72 | +4.3% |
| 4 Bedrooms | 65 | 70 | +7.7% |
| 5+ Bedrooms | 75 | 86 | +14.7% |
Summary: The 90265 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 8.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 14.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90265, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 90265 in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 81% were sold under asking, 6% were sold at asking, and 13% were sold over asking.
Days on Market for 90265, CA
How long does it take to sell a home in 90265, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 89 Days | +105.9% |
Summary: Homes in 90265 had an average of 89 days on market in Nov 2024, up by 105.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 90265 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 16 homes were sold in 90265; 13% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
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