$7,422 Closing Credit*
$625,000
1,137 SqFt
2 Beds
•2 Full Baths
Vincent Bouvier, Listing Office: Douglas Elliman
Is 91607, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 91607 has remained a Seller's Market.
Key Takeaway
91607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 91607, CA
How much do homes in 91607, CA cost?
Median Sold Price
$1,434,000
$697/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$251,375(+21.3%)
Key Takeaway
Homes in 91607 have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in 91607 was $1,434,000 in October 2024, up 21.3% from last year, and the median price per square foot was $697.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $412.5K | $428.5K | +3.9% |
| 2 Bedrooms | $706.5K | $680K | -3.8% |
| 3 Bedrooms | $1.2M | $1.3M | +5.7% |
| 4 Bedrooms | $1.5M | $1.9M | +22.9% |
| 5+ Bedrooms | $3.0M | $2.4M | -18.7% |
Summary: 91607 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes decreased by 18.7%.
Housing Supply in 91607, CA
How many homes are available in 91607, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 75 | +10.3% |
Summary: The 91607 real estate market had 75 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 17 | 21 | +23.5% |
Summary: The 91607 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 91607, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 91607 in October 2024, down by 6.7% month-over-month. Of the 14 sold homes, 71% were sold under asking, 7% were sold at asking, and 21% were sold over asking.
Days on Market for 91607, CA
How long does it take to sell a home in 91607, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 47 Days | +102.3% |
Summary: Homes in 91607 had an average of 47 days on market in Oct 2024, up by 102.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 91607 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 91607; 43% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.