Is 90621, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90621 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 90621 has remained a Seller's Market.

Key Takeaway

90621 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90621, CA

How much do homes in 90621, CA cost?

Median Sold Price

$772,500

$571/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$272,500(-26.1%)

Key Takeaway

Homes in 90621 have sold for 26.1% less than they did a month ago.

Summary: The median home sold price in 90621 was $772,500 in October 2024, down 26.1% from last month, and the median price per square foot was $571.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $593K$760K
+28.2%
3 $955K$734K
-23.1%
4 $1.3M$895K
-33.7%
5+ $1.9M-
N/A

Summary: 90621 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.2%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 33.7%, and 5+ bedroom homes did not change.

Housing Supply in 90621, CA

How many homes are available in 90621, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5248-7.7%

Summary: The 90621 real estate market had 48 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 2623
-11.5%
4 1311
-15.4%
5+ 77
0.0%

Summary: The 90621 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90621, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 90621 in October 2024, down by 14.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for 90621, CA

How long does it take to sell a home in 90621, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
30 Days30 Days+1.1%

Summary: Homes in 90621 had an average of 30 days on market in Oct 2024, up by 1.1% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90621 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 90621; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in 90621, CA

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