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90405 Real Estate: Overview of Homes for Sale

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1024 BAY St #5 $699,000 2 bd 2.5 ba
Reduced  - Orig. $699,000
open Sun, Nov 22 1 - 4 PM
Sold
Keller Williams-Santa Monica
140 OCEAN PARK Blvd #621 $1,323,000 2 bd 2 ba
Reduced  - Orig. $1,323,000
open
Sold
Coldwell Banker-SANTA MONICA
2721 3RD St $1,799,000 6 bd 5 ba
Reduced  - Orig. $1,799,000
open
Sold
Coldwell Banker-Montana
2512 4th $789,000 2 bd 1 ba
Reduced  - Orig. $789,000
open Sun, Nov 22 1 AM - 4 PM
Sold
Zephyr R E Palm Springs
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90405 Market Trends

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Homes for Sale Sep '09 vs. Prev. Month vs. Prev. Year
# Homes for Sale 90 12.5% 18.2%
For Sale by Owner 2 100% 50%
Median List Price $1,010K 4.9% 3.7%
Median List $/SqFt. $670 2.5% 5.5%
Homes Sold Jul '09 vs. Prev. Month vs. Prev. Year
# Homes Sold 25 13.6% 13.6%
Median Sold Price $850K 11.2% 13.8%
Median Sold $/SqFt. $670 0.7% 16.1%
% Sale to List 96.2% 2.3% 1.6%

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Should I Wait for a Price Reduction?

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90405 homes with price reductions
Gray bars show homes that went off market with no price reductions. Blue bars indicate one or more reductions. Learn more about this data.
Price Reductions House Condo Both
Days on Redfin 86 65 72
% Homes with Reductions 57.1% 32.3% 45.5%
# Of Reductions 1 1 1
Total % Reduction 5.4% 4% 5.2%
Based on homes sold or taken off the market between Jul 28 and Oct 26. Learn more about this data.

Zip Codes Near 90405

Nearby Zip Code Median List $ $/Sq. Ft. % Sale to List
90405 $1,050K $681 97.8%
90404 $600K $549 101.7%
90291 $1,258K $715 97.2%
90401 $707K $701 -
90066 $754K $463 97.7%
90064 $798K $511 98.8%

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