Is 91708, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91708 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 91708 was a Seller's Market.

Key Takeaway

91708 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 91708, CA

How much do homes in 91708, CA cost?

Median Sold Price

$715,990

$383/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,990(+4.1%)

Key Takeaway

Homes in 91708 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 91708 was $715,990 in October 2024, up 4.1% from last year, and the median price per square foot was $383.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $522.5K$540K
+3.3%
3 $634K$655K
+3.3%
4 $750K$792.5K
+5.7%
5+ $940K$965K
+2.7%

Summary: 91708 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

91709
+9.3%
92880
+7.1%
91710
+5.6%
91708
+4.1%

Housing Supply in 91708, CA

How many homes are available in 91708, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6272+16.1%

Summary: The 91708 real estate market had 72 homes for sale in October 2024, a 16.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 2938
+31.0%
4 2321
-8.7%
5+ 67
+16.7%

Summary: The 91708 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 50%, 3 bedroom homes increased by 31%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1312-7.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91708, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 91708 in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.

Days on Market for 91708, CA

How long does it take to sell a home in 91708, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days33 Days+31.1%

Summary: Homes in 91708 had an average of 33 days on market in Oct 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91708 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 91708; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 13 Days Ago

Newest Listings in 91708, CA

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