90048 Home Values & Market Trends
There are 58 homes currently listed for 90048. 90048 real estate market trends show that home prices range from $450,000 to $6,900,000, and the median sales price in the 90048 zip code is $2,165,696.56. The total number of properties sold within the past twelve months is 267. In 90048, 9 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
Housing Market Summary for 90048
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $2.4M | $2M | -15.18% |
Median Sold Price | $1.7M | $2M | 20.68% |
Homes For Sale | 37 | 57 | 54.05% |
Homes Sold | 193 | 205 | 6.22% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 90048
Browse Homes in 90048
The median list price of a home in Los Angeles, is $2,165,696.56. A total of 58 properties are for sale, and the percentage of properties for sale in the zip code is 58.00%. The total count of 90048 properties is 5,087.
- Pre-ForeclosurePre-foreclosure homes account for 0.18% of all residential properties in 90048 with los angeles containing 830 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 90048; of that cities, the estimated home value for pre-foreclosure homes ranges from $13,500,000 in los angeles to the lowest home value of $349,900 in los angeles.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 90048 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 90048. There is 1 cities within 90048; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 90048. Auction homes and other auction properties account for 0% of all properties in 90048. There is 1 cities within 90048; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 90048
Guide for 90048
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
The Los Angeles real estate market saw fluctuating values and sold prices per square foot in 2023, with a citywide peak in September at $1,200,000 and $706 respectively.
Finding a home to buy on auction in California requires careful planning and research to navigate the competitive market successfully
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