Is 91104, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91104 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91104 has remained a Seller's Market.

Key Takeaway

91104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91104, CA

How much do homes in 91104, CA cost?

Median Sold Price

$1,263,750

$889/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$53,750(+4.4%)

Key Takeaway

Homes in 91104 have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in 91104 was $1,263,750 in October 2024, up 4.4% from last year, and the median price per square foot was $889.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $503K$798.2K
+58.7%
2 $1.0M$1.1M
+3.5%
3 $1.2M$1.4M
+13.0%
4 $1.4M$1.5M
+7.3%
5+ $1.4M$1.6M
+18.1%

Summary: 91104 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.7%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 18.1%.

Median Sold Price Compared To Nearby Zip Codes

91107
+13.8%
91103
+9.1%
91104
+4.4%
91106
+2.3%
91101
-2.3%

Housing Supply in 91104, CA

How many homes are available in 91104, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4961+24.5%

Summary: The 91104 real estate market had 61 homes for sale in October 2024, a 24.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1616
0.0%
3 1519
+26.7%
4 1215
+25.0%
5+ 611
+83.3%

Summary: The 91104 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 83.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91104, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 91104 in October 2024, up by 18.2% month-over-month. Of the 13 sold homes, 54% were sold under asking, 0% were sold at asking, and 46% were sold over asking.

Days on Market for 91104, CA

How long does it take to sell a home in 91104, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days69 Days+130.5%

Summary: Homes in 91104 had an average of 69 days on market in Oct 2024, up by 130.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91104 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 91104; 46% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 38% 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 14 Days Ago

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