Is 90755, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90755 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 90755 has remained a Seller's Market.

Key Takeaway

90755 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90755, CA

How much do homes in 90755, CA cost?

Median Sold Price

$627,500

$496/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,500(-0.2%)

Key Takeaway

The sold price of homes in 90755 has remained the same since last year.

Summary: The median home sold price in 90755 was $627,500 in October 2024, down 0.2% from last year, and the median price per square foot was $496.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $432K$414.9K
-3.9%
2 $575K$601.2K
+4.6%
3 $786K$860K
+9.4%
4 $1.2M$1.2M
-0.6%
5+ $1.5M$790K
-50.0%

Summary: 90755 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 50%.

Median Sold Price Compared To Nearby Zip Codes

90804
+23.8%
90807
+9.2%
90712
+7.5%
90806
+6.7%
90755
-0.2%

Housing Supply in 90755, CA

How many homes are available in 90755, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3531-11.4%

Summary: The 90755 real estate market had 31 homes for sale in October 2024, a 11.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 2019
-5.0%
3 63
-50.0%
4 46
+50.0%
5+ 00
0.0%

Summary: The 90755 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90755, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 90755 in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 90755, CA

How long does it take to sell a home in 90755, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
61 Days45 Days-25.4%

Summary: Homes in 90755 had an average of 45 days on market in Oct 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90755 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 90755; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

Newest Listings in 90755, CA

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