Is 91303, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91303 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91303 has remained a Seller's Market.

Key Takeaway

91303 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91303, CA

How much do homes in 91303, CA cost?

Median Sold Price

$755,000

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$61,500(+8.9%)

Key Takeaway

Homes in 91303 have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in 91303 was $755,000 in October 2024, up 8.9% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $394.5K$379K
-3.9%
2 $478.7K$475K
-0.8%
3 $778.7K$848K
+8.9%
4 $922.5K$942.5K
+2.2%
5+ $875K$1.2M
+46.3%

Summary: 91303 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 46.3%.

Median Sold Price Compared To Nearby Zip Codes

91303
+8.9%
91304
+7.6%
91306
+6.3%
91367
+5.5%
91307
+4.4%

Housing Supply in 91303, CA

How many homes are available in 91303, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2834+21.4%

Summary: The 91303 real estate market had 34 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 48
+100.0%
3 1113
+18.2%
4 44
0.0%
5+ 43
-25.0%

Summary: The 91303 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91303, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 91303 in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 91303, CA

How long does it take to sell a home in 91303, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days26 Days-14.7%

Summary: Homes in 91303 had an average of 26 days on market in Oct 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91303 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in 91303; 57% of homes were sold within 30 days, 43% 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 14 Days Ago

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