90505 Real Estate Market
4-week rolling average · Data through May 4, 2026 · 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.
Market Activity
By Bedroom
| 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 | — |
| 7BR | $3.50M | — |
What This Means For You
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.
Want personalized market advice for 90505?
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Data sources: Rentcast · Zillow · Federal Reserve (FRED)
Market intelligence by FarmPosts