Is 91107, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91107 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 91107 has remained a Seller's Market.

Key Takeaway

91107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91107, CA

How much do homes in 91107, CA cost?

Median Sold Price

$1,362,500

$765/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$129,000(+10.5%)

Key Takeaway

Homes in 91107 have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in 91107 was $1,362,500 in November 2024, up 10.5% from last year, and the median price per square foot was $765.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $542K$490K
-9.6%
2 $875K$850K
-2.9%
3 $1.2M$1.4M
+12.9%
4 $1.6M$1.8M
+15.1%
5+ $2.3M$2.2M
-4.0%

Summary: 91107 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Zip Codes

91107
+10.5%
91108
+6.5%
91104
+3.4%
91106
+2.3%
91024
+1.7%

Housing Supply in 91107, CA

How many homes are available in 91107, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7167-5.6%

Summary: The 91107 real estate market had 67 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 1313
0.0%
3 3231
-3.1%
4 1512
-20.0%
5+ 76
-14.3%

Summary: The 91107 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91107, you could pay more than the asking price. 64.7% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 91107 in November 2024, down by 10.5% month-over-month. Of the 17 sold homes, 24% were sold under asking, 12% were sold at asking, and 65% were sold over asking.

Days on Market for 91107, CA

How long does it take to sell a home in 91107, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
29 Days34 Days+18.7%

Summary: Homes in 91107 had an average of 34 days on market in Nov 2024, up by 18.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91107 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in 91107; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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

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