Is 91306, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91306 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91306 has remained a Seller's Market.

Key Takeaway

91306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91306, CA

How much do homes in 91306, CA cost?

Median Sold Price

$818,750

$512/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,250(+6.3%)

Key Takeaway

Homes in 91306 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 91306 was $818,750 in October 2024, up 6.3% from last year, and the median price per square foot was $512.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $330K$339.5K
+2.9%
2 $474K$512.5K
+8.1%
3 $765K$811.2K
+6.0%
4 $872.5K$902.5K
+3.4%
5+ $950K$1.0M
+15.0%

Summary: 91306 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Zip Codes

91303
+8.9%
91306
+6.3%
91367
+5.5%
91324
+4.8%
91335
+3.4%

Housing Supply in 91306, CA

How many homes are available in 91306, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104109+4.8%

Summary: The 91306 real estate market had 109 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 1718
+5.9%
3 4344
+2.3%
4 3032
+6.7%
5+ 1111
0.0%

Summary: The 91306 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91306, you could pay more than the asking price. 55% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 91306 in October 2024, down by 9.1% month-over-month. Of the 20 sold homes, 25% were sold under asking, 20% were sold at asking, and 55% were sold over asking.

Days on Market for 91306, CA

How long does it take to sell a home in 91306, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days34 Days+81.0%

Summary: Homes in 91306 had an average of 34 days on market in Oct 2024, up by 81% compared to last year.

Breakdown of Home Sale Times

13 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 91306 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 20 homes were sold in 91306; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% 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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