$8,609 Closing Credit*
$725,000
901 SqFt
2 Beds
•2 Full Baths
George Andrianopoulos, Listing Office: Coldwell Banker Realty
Is 90277, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 90277 has remained a Seller's Market.
Key Takeaway
90277 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90277, CA
How much do homes in 90277, CA cost?
Median Sold Price
$1,617,000
$888/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$141,500(+9.6%)
Key Takeaway
Homes in 90277 have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in 90277 was $1,617,000 in October 2024, up 9.6% from last year, and the median price per square foot was $888.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $737.5K | $768K | +4.1% |
| 2 Bedrooms | $1.1M | $1.2M | +7.3% |
| 3 Bedrooms | $1.5M | $1.5M | +1.1% |
| 4 Bedrooms | $1.7M | $2.0M | +11.8% |
| 5+ Bedrooms | $2.9M | $2.7M | -6.8% |
Summary: 90277 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 6.8%.
Housing Supply in 90277, CA
How many homes are available in 90277, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 77 | 0.0% |
Summary: The 90277 real estate market had 77 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 16 | 15 | -6.3% |
| 3 Bedrooms | 32 | 29 | -9.4% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The 90277 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90277, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 90277 in October 2024, down by 5.6% month-over-month. Of the 17 sold homes, 53% were sold under asking, 6% were sold at asking, and 41% were sold over asking.
Days on Market for 90277, CA
How long does it take to sell a home in 90277, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 26 Days | +0.6% |
Summary: Homes in 90277 had an average of 26 days on market in Oct 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 90277 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in 90277; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% 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.