Is 91103, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91103 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 91103 has remained a Seller's Market.

Key Takeaway

91103 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91103, CA

How much do homes in 91103, CA cost?

Median Sold Price

$1,190,000

$851/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$90,000(+8.2%)

Key Takeaway

Homes in 91103 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 91103 was $1,190,000 in November 2024, up 8.2% from last year, and the median price per square foot was $851.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $790K$874.5K
+10.7%
2 $870K$875.7K
+0.7%
3 $1.1M$1.3M
+18.2%
4 $2.5M$2.4M
-5.9%
5+ $2.7M$3.0M
+7.9%

Summary: 91103 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

91105
+13.7%
91103
+8.2%
91104
+3.4%
91101
-1.7%
91206
-15.2%

Housing Supply in 91103, CA

How many homes are available in 91103, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4845-6.3%

Summary: The 91103 real estate market had 45 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 118
-27.3%
3 1918
-5.3%
4 43
-25.0%
5+ 1214
+16.7%

Summary: The 91103 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 27.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer40%30%30%

Key Takeaway

If you're buying a home in 91103, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in 91103 in November 2024, down by 28.6% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for 91103, CA

How long does it take to sell a home in 91103, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days26 Days-21.6%

Summary: Homes in 91103 had an average of 26 days on market in Nov 2024, down by 21.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times80%10%10%

Key Takeaway

Many homes in 91103 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 91103; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 18 Days Ago

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