Is 91101, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91101 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 91101 has remained a Seller's Market.

Key Takeaway

91101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91101, CA

How much do homes in 91101, CA cost?

Median Sold Price

$785,000

$712/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$13,500(-1.7%)

Key Takeaway

Homes in 91101 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 91101 was $785,000 in November 2024, down 1.7% from last year, and the median price per square foot was $712.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $720K$675K
-6.3%
2 $755K$782.5K
+3.6%
3 $988K$997K
+0.9%
4 $1.1M$1.6M
+36.7%
5+ -$3.5M
N/A

Summary: 91101 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

91105
+13.7%
91104
+3.4%
91106
+2.3%
91101
-1.7%

Housing Supply in 91101, CA

How many homes are available in 91101, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5047-6.0%

Summary: The 91101 real estate market had 47 homes for sale in November 2024, a 6.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1716
-5.9%
2 2426
+8.3%
3 74
-42.9%
4 10
-100.0%
5+ 11
0.0%

Summary: The 91101 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91101, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 91101 in November 2024, down by 25.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.

Days on Market for 91101, CA

How long does it take to sell a home in 91101, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days24 Days+48.4%

Summary: Homes in 91101 had an average of 24 days on market in Nov 2024, up by 48.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91101 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in 91101; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 91101, CA

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