Is 90814, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 90814 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 90814 was a Neutral Market.

Key Takeaway

90814 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 90814, CA

How much do homes in 90814, CA cost?

Median Sold Price

$779,907

$614/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$126,907(+19.4%)

Key Takeaway

Homes in 90814 have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in 90814 was $779,907 in November 2024, up 19.4% from last year, and the median price per square foot was $614.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $450K$425K
-5.6%
2 $597K$610K
+2.2%
3 $1.1M$1.3M
+19.4%
4 $1.4M$1.6M
+12.3%
5+ $1.5M$1.8M
+21.8%

Summary: 90814 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 21.8%.

Median Sold Price Compared To Nearby Zip Codes

90814
+19.4%
90804
+15.8%
90803
+1.7%

Housing Supply in 90814, CA

How many homes are available in 90814, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4037-7.5%

Summary: The 90814 real estate market had 37 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 913
+44.4%
2 1512
-20.0%
3 43
-25.0%
4 107
-30.0%
5+ 22
0.0%

Summary: The 90814 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 90814, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 90814 in November 2024, the same as the previous month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.

Days on Market for 90814, CA

How long does it take to sell a home in 90814, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days40 Days+42.8%

Summary: Homes in 90814 had an average of 40 days on market in Nov 2024, up by 42.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 90814 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 90814; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

Newest Listings in 90814, CA

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