Is 91387, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91387 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 91387 has remained a Seller's Market.

Key Takeaway

91387 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91387, CA

How much do homes in 91387, CA cost?

Median Sold Price

$800,100

$428/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$48,933(+6.5%)

Key Takeaway

Homes in 91387 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 91387 was $800,100 in December 2024, up 6.5% from last year, and the median price per square foot was $428.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $368.5K$721K
+95.7%
2 $469.9K$476K
+1.3%
3 $700K$711K
+1.6%
4 $815K$891K
+9.3%
5+ $1.0M$1.1M
+3.1%

Summary: 91387 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 95.7%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 3.1%.

Median Sold Price Compared To Nearby Zip Codes

91351
+9.5%
91342
+6.6%
91387
+6.5%
91390
0.1%
91321
-8.7%

Housing Supply in 91387, CA

How many homes are available in 91387, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10798-8.4%

Summary: The 91387 real estate market had 98 homes for sale in December 2024, a 8.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2018
-10.0%
3 3433
-2.9%
4 3332
-3.0%
5+ 2015
-25.0%

Summary: The 91387 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2428+16.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91387, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 91387 in December 2024, up by 16.7% month-over-month. Of the 28 sold homes, 54% were sold under asking, 25% were sold at asking, and 21% were sold over asking.

Days on Market for 91387, CA

How long does it take to sell a home in 91387, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
35 Days48 Days+37.2%

Summary: Homes in 91387 had an average of 48 days on market in Dec 2024, up by 37.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91387 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 28 homes were sold in 91387; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% 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 4 Days Ago

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