Is 91423, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91423 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 91423 was a Seller's Market.

Key Takeaway

91423 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 91423, CA

How much do homes in 91423, CA cost?

Median Sold Price

$1,550,000

$766/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+3.7%)

Key Takeaway

Homes in 91423 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 91423 was $1,550,000 in October 2024, up 3.7% from last year, and the median price per square foot was $766.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $565K$517.5K
-8.4%
2 $774K$790K
+2.1%
3 $1.4M$1.5M
+10.4%
4 $2.2M$1.9M
-10.7%
5+ $3.3M$3.2M
-3.8%

Summary: 91423 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Zip Codes

91607
+21.3%
91403
+16.8%
91401
+7.4%
91423
+3.7%
91604
+3.2%

Housing Supply in 91423, CA

How many homes are available in 91423, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103119+15.5%

Summary: The 91423 real estate market had 119 homes for sale in October 2024, a 15.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 42
-50.0%
2 2928
-3.4%
3 3033
+10.0%
4 2224
+9.1%
5+ 1832
+77.8%

Summary: The 91423 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 77.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91423, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 91423 in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 53% were sold under asking, 0% were sold at asking, and 47% were sold over asking.

Days on Market for 91423, CA

How long does it take to sell a home in 91423, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days31 Days-0.4%

Summary: Homes in 91423 had an average of 31 days on market in Oct 2024, down by 0.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91423 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 19 homes were sold in 91423; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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