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 October 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

$1,250,000

$567/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$120,000(+10.6%)

Key Takeaway

Homes in 91362 have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in 91362 was $1,250,000 in October 2024, up 10.6% from last year, and the median price per square foot was $567.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $395K$408.7K
+3.5%
2 $582.5K$560K
-3.9%
3 $970K$937.2K
-3.4%
4 $1.2M$1.3M
+10.7%
5+ $2.3M$2.4M
+4.0%

Summary: 91362 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

91362
+10.6%
91361
+10.2%
93065
+3.5%
91377
+2.7%
91360
+2.6%

Housing Supply in 91362, CA

How many homes are available in 91362, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
156143-8.3%

Summary: The 91362 real estate market had 143 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 2124
+14.3%
3 4343
0.0%
4 4836
-25.0%
5+ 4439
-11.4%

Summary: The 91362 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 11.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3940+2.6%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 91362 in October 2024, up by 2.6% month-over-month. Of the 40 sold homes, 63% were sold under asking, 18% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
29 Days50 Days+73.7%

Summary: Homes in 91362 had an average of 50 days on market in Oct 2024, up by 73.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

15 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 October 2024, 40 homes were sold in 91362; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

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