Is 91605, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91605 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 91605 has remained a Seller's Market.

Key Takeaway

91605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91605, CA

How much do homes in 91605, CA cost?

Median Sold Price

$850,000

$581/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$67,500(+8.6%)

Key Takeaway

Homes in 91605 have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in 91605 was $850,000 in December 2024, up 8.6% from last year, and the median price per square foot was $581.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $285K$319.9K
+12.3%
2 $510K$675K
+32.4%
3 $795K$835.5K
+5.1%
4 $1.0M$995K
-5.2%
5+ $1.1M$1.1M
-1.3%

Summary: 91605 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

91352
+16.4%
91402
+13.4%
91605
+8.6%
91505
+3.8%
91606
+2.2%

Housing Supply in 91605, CA

How many homes are available in 91605, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6454-15.6%

Summary: The 91605 real estate market had 54 homes for sale in December 2024, a 15.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 118
-27.3%
3 2324
+4.3%
4 158
-46.7%
5+ 1413
-7.1%

Summary: The 91605 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 27.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 46.7%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91605, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 91605 in December 2024, down by 12.5% month-over-month. Of the 14 sold homes, 64% were sold under asking, 7% were sold at asking, and 29% were sold over asking.

Days on Market for 91605, CA

How long does it take to sell a home in 91605, CA?

Average Sale Time

Dec 2023Dec 2024CHANGE
15 Days37 Days+143.7%

Summary: Homes in 91605 had an average of 37 days on market in Dec 2024, up by 143.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 91605 has remained consistent over time.

Summary: During December 2024, 14 homes were sold in 91605; 43% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 7% 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 2 Days Ago

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