$10,000 Closing Credit*
$1,500,000
1,976 SqFt
3 Beds
•2 Full Baths
Chris Vigil, Listing Office: Kase Real Estate
Is 90605, 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, 90605 has remained a Seller's Market.
Key Takeaway
90605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 90605, CA
How much do homes in 90605, CA cost?
Median Sold Price
$795,000
$601/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+5.3%)
Key Takeaway
Homes in 90605 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 90605 was $795,000 in November 2024, up 5.3% from last year, and the median price per square foot was $601.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $650.5K | $722.5K | +11.1% |
| 3 Bedrooms | $740K | $786.7K | +6.3% |
| 4 Bedrooms | $950K | $867.5K | -8.7% |
| 5+ Bedrooms | $1.5M | $1.7M | +19.2% |
Summary: 90605 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in 90605, CA
How many homes are available in 90605, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 60 | -10.4% |
Summary: The 90605 real estate market had 60 homes for sale in November 2024, a 10.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 44 | 39 | -11.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 90605 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 remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 90605, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 90605 in November 2024, down by 5.6% month-over-month. Of the 17 sold homes, 18% were sold under asking, 18% were sold at asking, and 65% were sold over asking.
Days on Market for 90605, CA
How long does it take to sell a home in 90605, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 24 Days | +4.3% |
Summary: Homes in 90605 had an average of 24 days on market in Nov 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 90605 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 90605; 59% of homes were sold within 30 days, 41% 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.