Is 91351, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91351 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 91351 has remained a Seller's Market.

Key Takeaway

91351 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91351, CA

How much do homes in 91351, CA cost?

Median Sold Price

$765,000

$437/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$66,505(+9.5%)

Key Takeaway

Homes in 91351 have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in 91351 was $765,000 in December 2024, up 9.5% from last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $326.2K$334K
+2.4%
2 $419.4K$442.5K
+5.5%
3 $680K$717.5K
+5.5%
4 $799.9K$812.9K
+1.6%
5+ $1.0M$1.0M
+0.9%

Summary: 91351 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Zip Codes

91351
+9.5%
91387
+6.5%
91350
+3.1%
91390
0.1%
91321
-8.7%

Housing Supply in 91351, CA

How many homes are available in 91351, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10192-8.9%

Summary: The 91351 real estate market had 92 homes for sale in December 2024, a 8.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 2320
-13.0%
3 3531
-11.4%
4 2828
0.0%
5+ 1411
-21.4%

Summary: The 91351 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91351, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in 91351 in December 2024, down by 22.7% month-over-month. Of the 17 sold homes, 35% were sold under asking, 18% were sold at asking, and 47% were sold over asking.

Days on Market for 91351, CA

How long does it take to sell a home in 91351, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days39 Days+25.4%

Summary: Homes in 91351 had an average of 39 days on market in Dec 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91351 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in 91351; 47% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 12% 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 2 Days Ago

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