Is 91202, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91202 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91202 has remained a Seller's Market.

Key Takeaway

91202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91202, CA

How much do homes in 91202, CA cost?

Median Sold Price

$1,021,000

$675/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$86,500(-7.8%)

Key Takeaway

Homes in 91202 have sold for 7.8% less than they did a year ago.

Summary: The median home sold price in 91202 was $1,021,000 in October 2024, down 7.8% from last year, and the median price per square foot was $675.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $530K$522.5K
-1.4%
2 $710K$750K
+5.6%
3 $1.2M$1.4M
+11.2%
4 $1.6M$2.7M
+65.5%
5+ $4.3M$2.1M
-50.5%

Summary: 91202 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 65.5%, and 5+ bedroom homes decreased by 50.5%.

Median Sold Price Compared To Nearby Zip Codes

91203
+14.1%
91207
+4.3%
91201
-0.3%
91202
-7.8%

Housing Supply in 91202, CA

How many homes are available in 91202, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4144+7.3%

Summary: The 91202 real estate market had 44 homes for sale in October 2024, a 7.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 35
+66.7%
2 1519
+26.7%
3 1314
+7.7%
4 43
-25.0%
5+ 63
-50.0%

Summary: The 91202 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91202, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 91202 in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.

Days on Market for 91202, CA

How long does it take to sell a home in 91202, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days17 Days-54.0%

Summary: Homes in 91202 had an average of 17 days on market in Oct 2024, down by 54% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91202 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 91202; 82% of homes were sold within 30 days, 18% 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 16 Days Ago

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