Is 90272, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90272 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 90272 has remained a Seller's Market.

Key Takeaway

90272 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90272, CA

How much do homes in 90272, CA cost?

Median Sold Price

$3,225,000

$1,230/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$261,333(-7.5%)

Key Takeaway

Homes in 90272 have sold for 7.5% less than they did a year ago.

Summary: The median home sold price in 90272 was $3,225,000 in December 2024, down 7.5% from last year, and the median price per square foot was $1,230.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $800K$549K
-31.4%
2 $1.4M$1.5M
+3.4%
3 $2.5M$2.8M
+9.3%
4 $4.0M$3.9M
-0.4%
5+ $5.9M$6.2M
+4.6%

Summary: 90272 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.4%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

91356
+36.8%
90402
+3.0%
90272
-7.5%
90049
-8.9%
90290
-13.8%

Housing Supply in 90272, CA

How many homes are available in 90272, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10198-3.0%

Summary: The 90272 real estate market had 98 homes for sale in December 2024, a 3.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 34
+33.3%
2 1213
+8.3%
3 2220
-9.1%
4 2522
-12.0%
5+ 3939
0.0%

Summary: The 90272 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90272, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 90272 in December 2024, down by 5.0% month-over-month. Of the 19 sold homes, 74% were sold under asking, 16% were sold at asking, and 11% were sold over asking.

Days on Market for 90272, CA

How long does it take to sell a home in 90272, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
41 Days55 Days+33.7%

Summary: Homes in 90272 had an average of 55 days on market in Dec 2024, up by 33.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90272 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 19 homes were sold in 90272; 53% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

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