Is 91203, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91203 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 91203 has remained a Seller's Market.

Key Takeaway

91203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91203, CA

How much do homes in 91203, CA cost?

Median Sold Price

$1,000,000

$582/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$270,000(+37.0%)

Key Takeaway

Homes in 91203 have sold for 37% more than they did a month ago.

Summary: The median home sold price in 91203 was $1,000,000 in November 2024, up 37% from last month, and the median price per square foot was $582.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $663K$792.5K
+19.5%
3 $765K-
N/A
4 --
N/A
5+ -$4.2M
N/A

Summary: 91203 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 91203, CA

How many homes are available in 91203, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
16160.0%

Summary: The 91203 real estate market had 16 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1011
+10.0%
3 42
-50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 91203 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91203, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 91203 in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 91203, CA

How long does it take to sell a home in 91203, CA?

Average Sale Time

Oct 2024Nov 2024CHANGE
27 Days14 Days-46.0%

Summary: Homes in 91203 had an average of 14 days on market in Nov 2024, down by 46% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91203 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 91203; 100% of homes were sold within 30 days, 0% 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 18 Days Ago

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