Is 91362, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91362 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 91362 has remained a Seller's Market.

Key Takeaway

91362 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91362, CA

How much do homes in 91362, CA cost?

Median Sold Price

$1,257,857

$571/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$138,724(+12.4%)

Key Takeaway

Homes in 91362 have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in 91362 was $1,257,857 in November 2024, up 12.4% from last year, and the median price per square foot was $571.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $400K$411.8K
+3.0%
2 $590K$561K
-4.9%
3 $950K$950K
0.0%
4 $1.2M$1.3M
+10.0%
5+ $2.1M$2.7M
+24.9%

Summary: 91362 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 24.9%.

Median Sold Price Compared To Nearby Zip Codes

91362
+12.4%
91361
+7.4%
91377
+5.3%
91360
+2.7%
93065
+2.5%

Housing Supply in 91362, CA

How many homes are available in 91362, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
134107-20.1%

Summary: The 91362 real estate market had 107 homes for sale in November 2024, a 20.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2119
-9.5%
3 3834
-10.5%
4 3626
-27.8%
5+ 3827
-28.9%

Summary: The 91362 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 28.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4230-28.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91362, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 91362 in November 2024, down by 28.6% month-over-month. Of the 30 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.

Days on Market for 91362, CA

How long does it take to sell a home in 91362, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days58 Days+105.9%

Summary: Homes in 91362 had an average of 58 days on market in Nov 2024, up by 105.9% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91362 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 30 homes were sold in 91362; 43% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 17% 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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