Is 90813, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90813 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 90813 was a Seller's Market.

Key Takeaway

90813 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 90813, CA

How much do homes in 90813, CA cost?

Median Sold Price

$660,000

$506/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$138,500(+26.6%)

Key Takeaway

Homes in 90813 have sold for 26.6% more than they did a month ago.

Summary: The median home sold price in 90813 was $660,000 in October 2024, up 26.6% from last month, and the median price per square foot was $506.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $480K$532.5K
+10.9%
3 $594.5K$707.5K
+19.0%
4 -$640K
N/A
5+ -$1.0M
N/A

Summary: 90813 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 10.9%, 3 bedroom homes increased by 19%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 90813, CA

How many homes are available in 90813, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42420.0%

Summary: The 90813 real estate market had 42 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 912
+33.3%
2 1513
-13.3%
3 107
-30.0%
4 33
0.0%
5+ 57
+40.0%

Summary: The 90813 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

3 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 90813, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 90813 in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 90813, CA

How long does it take to sell a home in 90813, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
51 Days44 Days-14.4%

Summary: Homes in 90813 had an average of 44 days on market in Oct 2024, down by 14.4% compared to last month.

Breakdown of Home Sale Times

3 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 90813 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in 90813; 50% of homes were sold within 30 days, 50% 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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