$10,000 Closing Credit*
$1,399,996
1,782 SqFt
3 Beds
•3 Full Baths, 1 Partial
Angel Martinez, Listing Office: Scott Properties Group
Is 90265, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 90265 was a Seller'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
$1,319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 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 October 2024, up 16.7% from last year, and the median price per square foot was $1,319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.1M | $2.1M | +90.9% |
| 2 Bedrooms | $1.3M | $1.5M | +11.2% |
| 3 Bedrooms | $2.9M | $2.2M | -23.7% |
| 4 Bedrooms | $3.5M | $4.3M | +23.2% |
| 5+ Bedrooms | $8.2M | $6.8M | -17.2% |
Summary: 90265 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 90.9%, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 17.2%.
Housing Supply in 90265, CA
How many homes are available in 90265, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 255 | 280 | +9.8% |
Summary: The 90265 real estate market had 280 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 30 | 35 | +16.7% |
| 3 Bedrooms | 69 | 83 | +20.3% |
| 4 Bedrooms | 69 | 74 | +7.2% |
| 5+ Bedrooms | 82 | 84 | +2.4% |
Summary: The 90265 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 11 | -35.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were 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. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 90265 in October 2024, down by 35.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 47 Days | 98 Days | +108.2% |
Summary: Homes in 90265 had an average of 98 days on market in Oct 2024, up by 108.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 90265 has remained consistent over time.
Summary: During October 2024, 11 homes were sold in 90265; 18% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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