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 October 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

$760,000

$437/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,000(+10.9%)

Key Takeaway

Homes in 91351 have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in 91351 was $760,000 in October 2024, up 10.9% from last year, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $322.5K$334K
+3.6%
2 $425K$456.2K
+7.3%
3 $680K$715.5K
+5.2%
4 $792.5K$812.9K
+2.6%
5+ $1.0M$1.0M
-2.8%

Summary: 91351 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Zip Codes

91351
+10.9%
91387
+7.3%
91350
+3.4%
91390
-0.4%
91321
-2.8%

Housing Supply in 91351, CA

How many homes are available in 91351, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106113+6.6%

Summary: The 91351 real estate market had 113 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2223
+4.5%
3 4345
+4.7%
4 2931
+6.9%
5+ 1112
+9.1%

Summary: The 91351 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 4.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2721-22.2%

Asking Price vs. Sold Price

6 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 91351, you could pay more than the asking price. 52.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 91351 in October 2024, down by 22.2% month-over-month. Of the 21 sold homes, 29% were sold under asking, 19% were sold at asking, and 52% 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

Oct 2023Oct 2024CHANGE
29 Days55 Days+86.2%

Summary: Homes in 91351 had an average of 55 days on market in Oct 2024, up by 86.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 21 homes were sold in 91351; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% 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 13 Days Ago

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