Is 91105, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91105 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91105 has remained a Seller's Market.

Key Takeaway

91105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91105, CA

How much do homes in 91105, CA cost?

Median Sold Price

$1,611,000

$770/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$108,500(+7.2%)

Key Takeaway

Homes in 91105 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 91105 was $1,611,000 in October 2024, up 7.2% from last year, and the median price per square foot was $770.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $696K$711K
+2.2%
2 $1.0M$1.1M
+10.1%
3 $1.6M$1.6M
+3.1%
4 $3.0M$3.2M
+7.5%
5+ $3.7M$4.3M
+18.4%

Summary: 91105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 18.4%.

Median Sold Price Compared To Nearby Zip Codes

91103
+9.1%
91105
+7.2%
91030
+3.0%
90041
+2.5%
91101
-2.3%

Housing Supply in 91105, CA

How many homes are available in 91105, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5465+20.4%

Summary: The 91105 real estate market had 65 homes for sale in October 2024, a 20.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1516
+6.7%
3 2226
+18.2%
4 59
+80.0%
5+ 811
+37.5%

Summary: The 91105 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 37.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

6 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 91105, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 91105 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 91105, CA

How long does it take to sell a home in 91105, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days51 Days+27.0%

Summary: Homes in 91105 had an average of 51 days on market in Oct 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 91105; 67% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 25% 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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