Is 91206, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91206 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 91206 was a Seller's Market.

Key Takeaway

91206 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 91206, CA

How much do homes in 91206, CA cost?

Median Sold Price

$880,000

$646/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$157,500(-15.2%)

Key Takeaway

Homes in 91206 have sold for 15.2% less than they did a year ago.

Summary: The median home sold price in 91206 was $880,000 in November 2024, down 15.2% from last year, and the median price per square foot was $646.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $482.5K$494.5K
+2.5%
2 $682K$675K
-1.0%
3 $1.2M$1.4M
+17.6%
4 $1.8M$1.6M
-13.3%
5+ $2.0M$1.9M
-4.3%

Summary: 91206 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Zip Codes

91207
+9.0%
91208
+6.9%
90041
+2.1%
91205
-2.7%
91206
-15.2%

Housing Supply in 91206, CA

How many homes are available in 91206, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6664-3.0%

Summary: The 91206 real estate market had 64 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2525
0.0%
3 2523
-8.0%
4 1111
0.0%
5+ 33
0.0%

Summary: The 91206 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91206, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 91206 in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for 91206, CA

How long does it take to sell a home in 91206, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days16 Days-41.8%

Summary: Homes in 91206 had an average of 16 days on market in Nov 2024, down by 41.8% compared to last year.

Breakdown of Home Sale Times

8 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 91206 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 91206; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

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