Is 90680, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90680 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 90680 has remained a Seller's Market.

Key Takeaway

90680 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90680, CA

How much do homes in 90680, CA cost?

Median Sold Price

$655,000

$571/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-0.8%)

Key Takeaway

Homes in 90680 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 90680 was $655,000 in October 2024, down 0.8% from last year, and the median price per square foot was $571.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $440K$430K
-2.3%
2 $550K$575K
+4.5%
3 $705K$720K
+2.1%
4 $804.9K$845K
+5.0%
5+ $1.1M$1.0M
-2.8%

Summary: 90680 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

92844
+10.8%
92804
+10.1%
92841
+9.6%
90630
+7.8%
90680
-0.8%

Housing Supply in 90680, CA

How many homes are available in 90680, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3936-7.7%

Summary: The 90680 real estate market had 36 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 98
-11.1%
3 1921
+10.5%
4 75
-28.6%
5+ 00
0.0%

Summary: The 90680 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90680, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 90680 in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.

Days on Market for 90680, CA

How long does it take to sell a home in 90680, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days16 Days+25.4%

Summary: Homes in 90680 had an average of 16 days on market in Oct 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90680 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 90680; 77% of homes were sold within 30 days, 23% 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 16 Days Ago

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