4-week rolling average Β· Data through May 4, 2026 Β· ZIP 90505
In ZIP code 90505, the median sale price of $1,599,000 is running well above the median list price of $1,399,988, a spread of roughly $199,012 that points to strong buyer competition in this market. Homes are moving at a median of 16 days on market with 106 active listings and a median price per square foot of $889.99. The combination of tight inventory and elevated sale prices relative to list prices signals a market that continues to favor sellers.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $380K | $2K/mo |
| 2BR | $550K | $4K/mo |
| 3BR | $1.45M | $5K/mo |
| 4BR | $1.59M | $6K/mo |
| 5BR | $2.20M | $7K/mo |
| 6BR | $1.90M | β |
| 7BR | $3.50M | β |
Sellers in 90505 are benefiting from a market where the median sale price of $1,599,000 is coming in approximately $199,012 above the median list price of $1,399,988. With only 106 active listings and a median of 16 days on market, well-positioned homes are drawing serious buyer interest quickly.
Buyers entering ZIP code 90505 should be prepared for a competitive environment where the median sale price of $1,599,000 exceeds the median list price of $1,399,988 by roughly $199,012. With a median of just 16 days on market, having financing fully secured before submitting offers is strongly advisable.
The median rent of $3,850 against a median sale price of $1,599,000 reflects a compressed yield that points toward a long term appreciation play rather than near term cash flow. Investors focused on larger units may find more favorable dynamics, as three bedroom rentals are tracking at $4,850 per month and four bedroom rentals at $6,000 per month.
The current 30 year fixed mortgage rate of 6.37% carries significant weight on a median priced home of $1,599,000, making it essential for buyers to model monthly payment obligations carefully before committing. Borrowers who qualify for the 15 year fixed rate of 5.72% can reduce their total interest cost substantially, though the higher monthly payment requires a strong income profile to sustain at this price point.
I am a full-time real estate professional based in the South Bay, specializing in Torrance, Palos Verdes, and the surrounding coastal communities. I am proudly part of Tony Kim & Associates, a team of experienced professionals working collaboratively to deliver the best results for our clients. Being part of a team allows me to provide broader market insight, proven strategies, and multiple perspectives, ensuring that every client benefits not just from my expertise, but from the collective knowledge and experience of our group. My priority is always to guide clients with transparency, integrity, and a clear strategy, whether youβre buying your first home, upgrading, or selling a long-time residence. I believe real estate is more than just a transactionβitβs about helping you move confidently into the next chapter of your life. Clients value my detail-oriented approach, timely updates, and the ability to anticipate potential challenges before they become obstacles. My goal is simple: to provide you with a smooth, stress-free experience and results that exceed expectations. When Iβm not assisting clients, I enjoy exploring new local spots in the South Bay, connecting with the community, and continuously learning to stay ahead of the market.
Text Ian βNo pressure. Just a quick text.
Data sources: Rentcast Β· Zillow Β· Federal Reserve (FRED)
Market intelligence by FarmPosts