90505 Real Estate Market
4-week rolling average · Data through June 16, 2026 · ZIP 90505
ZIP code 90505 is running hot with a market temperature score of 84, where homes are selling at a median of $1,629,000 against a median list price of $1,398,000, meaning buyers are routinely paying above asking. With only 112 active listings and a median days on market of just 18, this is a supply-constrained market moving at a brisk pace. At $937.28 per square foot, buyers are paying a significant premium for the privilege of owning here.
Market Activity
By Bedroom
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $380K | $2K/mo |
| 2BR | $545K | $4K/mo |
| 3BR | $1.40M | $5K/mo |
| 4BR | $1.59M | $6K/mo |
| 5BR | $2.20M | $7K/mo |
| 6BR | $2.60M | — |
| 7BR | $3.00M | — |
| 8BR | $2.28M | — |
What This Means For You
Sellers in 90505 are in a strong position, with the median sale price of $1,629,000 running $231,000 above the median list price, signaling consistent overbidding. With homes moving in a median of 18 days and only 112 active listings on the market, well-priced homes are attracting serious competition quickly.
Buyers should be prepared to move decisively, as the median days on market sits at just 18 days and sale prices are landing $231,000 above list price on average. With active inventory at only 112 homes, options are limited and waiting for a better deal may mean missing out entirely in this 84-point hot market.
The median rent for a 3-bedroom home sits at $5,000 per month, while the median sale price for a 3-bedroom is $1,400,000, which translates to a gross rent yield of roughly 4.3 percent before expenses. With only 99 rental units available and strong rental demand across all bedroom counts, investors who can absorb the 6.52 percent financing costs may find long-term hold strategies more viable than short-term cash flow plays.
The current 30-year fixed mortgage rate of 6.52 percent adds significant carrying costs on a median-priced home of $1,629,000, making the 15-year option at 5.84 percent worth serious consideration for buyers with the cash flow to support higher monthly payments. Even a modest rate difference of 0.68 percentage points can translate to meaningful interest savings over the life of a loan at these price levels.
Want personalized market advice for 90505?
Integrity, dedication, and industry knowledge. These are just a few of the many traits clients can expect when working with Tony Kim, one of the area’s leading real estate professionals. Primarily serving the greater South Bay area, Tony is a premier agent with over 15 years of industry experience, along with 30+ years of area expertise. With his extensive background and commitment to excellence, Tony works tirelessly to advocate for his clients at every turn, all while educating and empowering them to make smart real estate investments. Originally from Seoul, South Korea, Tony is a longtime resident of Southern California and has lived in the South Bay area for over 34 years. He became an agent in 2006, where he has built a prolific real estate career from the ground up. Through pure grit and dedication to his craft, Tony has received a number of industry awards and recognitions, including the Centurion Award during his first year of real estate and the Platinum Award through Keller Williams. Today, he is the team leader for Tony Kim Associates, where he and his team help their clients navigate through Southern California’s ever-changing real estate market. If you were to ask Tony what his favorite aspect of living and working in the South Bay area was, it would have to be the area’s rich culture and diversity. He has had the pleasure of working with many clients over the years, and one of the most rewarding moments is also handing his clients the keys to their new homes. Whether he is working with first-time homebuyers, area transplants, or sellers who are ready to move on to the next stage of their lives, nothing makes him happier than knowing he is helping his clients achieve their real estate dreams. Tony specializes in working with international buyers, area transplants, and listings in Palos Verdes, Torrance, and the surrounding area. Tony is bilingual and speaks English and Korean fluently. Tony currently lives in Palos Verdes with his amazing wife and their two wonderful sons, ages 11 and 12. Beyond his working with his thriving real estate team, he likes to stay active and serve his community. When he isn’t conducting real estate transactions, you can find Tony spending quality time with his family, playing tennis, and going on overseas missions with his church. His biggest priorities in life are God, his family, and his clients–in that order.
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Data sources: Rentcast · Zillow · Federal Reserve (FRED)
Market intelligence by FarmPosts