$7,838 Closing Credit*
$660,000
1,721 SqFt
2 Beds
•3 Full Baths
Sharon Penny, Listing Office: eXp Realty of California Inc
Is 90305, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 90305 was a Neutral Market.
Key Takeaway
90305 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90305, CA
How much do homes in 90305, CA cost?
Median Sold Price
$812,500
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$32,500(+4.2%)
Key Takeaway
Homes in 90305 have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in 90305 was $812,500 in December 2024, up 4.2% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $707.5K | $645K | -8.8% |
| 3 Bedrooms | $837K | $820K | -2.0% |
| 4 Bedrooms | $1.1M | $930K | -17.9% |
| 5+ Bedrooms | $1.2M | $1.1M | -10.2% |
Summary: 90305 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in 90305, CA
How many homes are available in 90305, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 | 34 | -29.2% |
Summary: The 90305 real estate market had 34 homes for sale in December 2024, a 29.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 29 | 20 | -31.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 90305 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 31%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90305, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in 90305 in December 2024, down by 50.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for 90305, CA
How long does it take to sell a home in 90305, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 54 Days | 48 Days | -10.7% |
Summary: Homes in 90305 had an average of 48 days on market in Dec 2024, down by 10.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 90305 has remained consistent over time.
Summary: During December 2024, 8 homes were sold in 90305; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% 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.