Is 91344, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91344 is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 91344 was a Neutral Market.

Key Takeaway

91344 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91344, CA

How much do homes in 91344, CA cost?

Median Sold Price

$1,000,000

$551/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,366(+6.8%)

Key Takeaway

Homes in 91344 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 91344 was $1,000,000 in November 2024, up 6.8% from last year, and the median price per square foot was $551.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$550K
N/A
2 $580K$630K
+8.6%
3 $849.5K$935K
+10.1%
4 $1.0M$1.0M
+1.9%
5+ $1.2M$1.3M
+8.5%

Summary: 91344 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

91325
+22.3%
91345
+8.9%
91344
+6.8%
91326
+6.2%
91343
+4.3%

Housing Supply in 91344, CA

How many homes are available in 91344, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
131113-13.7%

Summary: The 91344 real estate market had 113 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1112
+9.1%
3 3529
-17.1%
4 5749
-14.0%
5+ 2723
-14.8%

Summary: The 91344 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes decreased by 14.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3828-26.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91344, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 91344 in November 2024, down by 26.3% month-over-month. Of the 28 sold homes, 32% were sold under asking, 11% were sold at asking, and 57% were sold over asking.

Days on Market for 91344, CA

How long does it take to sell a home in 91344, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days27 Days+0.9%

Summary: Homes in 91344 had an average of 27 days on market in Nov 2024, up by 0.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91344 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in 91344; 79% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% 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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