Is 91320, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91320 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91320 has remained a Seller's Market.

Key Takeaway

91320 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91320, CA

How much do homes in 91320, CA cost?

Median Sold Price

$1,025,000

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$86,091(+9.2%)

Key Takeaway

Homes in 91320 have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in 91320 was $1,025,000 in October 2024, up 9.2% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$515K
N/A
2 $407.5K$632.5K
+55.2%
3 $829.2K$849.5K
+2.4%
4 $1.0M$1.1M
+5.8%
5+ $1.4M$1.5M
+6.4%

Summary: 91320 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Zip Codes

90265
+16.7%
93012
+12.8%
91361
+10.2%
91320
+9.2%
91360
+2.6%

Housing Supply in 91320, CA

How many homes are available in 91320, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
94105+11.7%

Summary: The 91320 real estate market had 105 homes for sale in October 2024, a 11.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 89
+12.5%
3 3337
+12.1%
4 3633
-8.3%
5+ 1725
+47.1%

Summary: The 91320 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 47.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2723-14.8%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91320, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 91320 in October 2024, down by 14.8% month-over-month. Of the 23 sold homes, 70% were sold under asking, 9% were sold at asking, and 22% were sold over asking.

Days on Market for 91320, CA

How long does it take to sell a home in 91320, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days38 Days+13.5%

Summary: Homes in 91320 had an average of 38 days on market in Oct 2024, up by 13.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91320 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 91320; 48% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 13% 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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