New - 4 days on Rocket
$6,626 Closing Credit¹
#SB25026784, Christina Blue, Listing Office: Keller Williams South Bay
90016 Housing Market Report February 2025•Los Angeles County, California
Housing Prices in 90016, CA
How much do homes in 90016, CA cost?
Median List Price
$995,000$689/SqFt
-$30,000
-2.9%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 90016 has decreased by 2.9% since last year.
Summary: The median home list price in 90016 was $995,000 in February 2025, down 2.9% from the previous year, and the median price per square foot was $689.
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $550K | $519.5K | -5.5% |
| 22 Bedrooms | $825K | $824.4K | -0.1% |
| 33 Bedrooms | $999K | $1.1M | +10.1% |
| 44 Bedrooms | $1.3M | $1.2M | -13.7% |
| 55+ Bedrooms | $1.3M | $1.3M | 0.3% |
Summary: 90016 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -5.5%. The home price for 2 bedroom homes decreased by -0.1%. The home price for 3 bedroom homes increased by +10.1%. The home price for 4 bedroom homes decreased by -13.7%. The home price for 5 bedroom homes increased by 0.3%.
Housing supply in 90016, CA
How many homes are available in 90016, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 34Last MonthFeb 2025 | ||
| 332 months agoJan 2025 | +3.0 % Change MoMJan – Feb |
Summary: The 90016 real estate market had 34 homes for sale in Feb 2025, a 3.0 % increase compared to Jan 2025.
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 11 | 14 | +27.3% |
| 33 Bedrooms | 13 | 11 | -15.4% |
| 44 Bedrooms | 5 | 4 | -20.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: 90016 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +27.3%. The inventory for 3 bedroom homes decreased by -15.4%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in 90016, CA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in 90016, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 90016 in February 2025, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 90016, CA
How long does it take to sell a home in 90016, CA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in 90016 has remained consistent over time.
Summary: During February 2025, 2 homes were sold in 90016; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 79 DaysThis YearFeb 2025 | ||
| 121 Days1 year agoFeb 2024 | -34.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 90016 had an average listing age of 79 days in Feb 2025, down by 34.7% compared to the previous year.
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Newest Listings in 90016, CA
What homes are available in 90016, CA?
New - 5 days on RocketVideo tour
$10,000 Closing Credit¹
#NDP2501704, Jeremy Crusen, Listing Office: Keller Williams Realty
$10,000 Closing Credit¹
#SR25038692, Cesar Hernandez, Listing Office: Keller Williams North Valley
Backup offers3D tour
$9,488 Closing Credit¹
#SB25025781, Gregory Eubanks, Listing Office: Redfin Corporation
Backup offers
$10,000 Closing Credit¹
#DW25032123, Marilyn Martinez, Listing Office: Century 21 Masters
$10,000 Closing Credit¹
#NDP2501564, Kim Jones-Addy, Listing Office: Conrad Realtors
$10,000 Closing Credit¹
#PW25035045, Alan Cruz, Listing Office: Equity Smart Real Estate Services
$10,000 Closing Credit¹
#PW25035817, Alan Cruz, Listing Office: Equity Smart Real Estate Services
Backup offers
$5,807 Closing Credit¹
#SB25034187, William Mulkey, Listing Office: TR Wealth Management Inc.
#BB25030144, Elizabeth Maddox, Listing Office: Myunits.com Inc.
$10,000 Closing Credit¹
#SB25031539, Cameron Samimi, Listing Office: Lyon Stahl Investment Real Estate, Inc.
$10,000 Closing Credit¹
#CV25029419, Charlie Evans, Listing Office: EVANS FINANCIAL NETWORK
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 03/01/2023 - 03/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.