Is 90670, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90670 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 90670 has remained a Seller's Market.

Key Takeaway

90670 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90670, CA

How much do homes in 90670, CA cost?

Median Sold Price

$750,000

$498/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$30,000(+4.2%)

Key Takeaway

Homes in 90670 have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in 90670 was $750,000 in December 2024, up 4.2% from last year, and the median price per square foot was $498.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $601.5K$695K
+15.5%
3 $715K$750K
+4.9%
4 $750K$815K
+8.7%
5+ $845K$820K
-3.0%

Summary: 90670 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 increased by 15.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

90650
+8.8%
90602
+6.9%
90606
+4.8%
90670
+4.2%
90605
+3.8%

Housing Supply in 90670, CA

How many homes are available in 90670, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1816-11.1%

Summary: The 90670 real estate market had 16 homes for sale in December 2024, a 11.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1211
-8.3%
4 33
0.0%
5+ 00
0.0%

Summary: The 90670 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 33.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90670, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 90670 in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 90670, CA

How long does it take to sell a home in 90670, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
18 Days17 Days-5.9%

Summary: Homes in 90670 had an average of 17 days on market in Dec 2024, down by 5.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90670 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 90670; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 9 Days Ago

Newest Listings in 90670, CA

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