Is 91321, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91321 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 91321 was a Seller's Market.

Key Takeaway

91321 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 91321, CA

How much do homes in 91321, CA cost?

Median Sold Price

$666,666

$455/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,333(-2.8%)

Key Takeaway

Homes in 91321 have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in 91321 was $666,666 in October 2024, down 2.8% from last year, and the median price per square foot was $455.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $339.9K$290K
-14.7%
2 $460K$474.8K
+3.2%
3 $745K$651K
-12.6%
4 $850K$920K
+8.2%
5+ $1.2M$1.2M
-3.9%

Summary: 91321 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

91351
+10.9%
91326
+4.3%
91355
+3.8%
91350
+3.4%
91321
-2.8%

Housing Supply in 91321, CA

How many homes are available in 91321, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8684-2.3%

Summary: The 91321 real estate market had 84 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 2426
+8.3%
3 3835
-7.9%
4 1514
-6.7%
5+ 76
-14.3%

Summary: The 91321 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

7 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 91321, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 91321 in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 54% were sold under asking, 15% were sold at asking, and 31% were sold over asking.

Days on Market for 91321, CA

How long does it take to sell a home in 91321, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days38 Days+118.2%

Summary: Homes in 91321 had an average of 38 days on market in Oct 2024, up by 118.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91321 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 13 homes were sold in 91321; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

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