Is 91709, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91709 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91709 has remained a Seller's Market.

Key Takeaway

91709 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91709, CA

How much do homes in 91709, CA cost?

Median Sold Price

$989,900

$495/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$84,566(+9.3%)

Key Takeaway

Homes in 91709 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 91709 was $989,900 in October 2024, up 9.3% from last year, and the median price per square foot was $495.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $420K$415K
-1.2%
2 $545K$546K
0.2%
3 $755K$795K
+5.3%
4 $1.0M$1.0M
+7.2%
5+ $1.2M$1.3M
+10.2%

Summary: 91709 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Zip Codes

92887
+20.0%
91709
+9.3%
92880
+7.1%
91710
+5.6%
91708
+4.1%

Housing Supply in 91709, CA

How many homes are available in 91709, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
182190+4.4%

Summary: The 91709 real estate market had 190 homes for sale in October 2024, a 4.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2116
-23.8%
3 4950
+2.0%
4 7279
+9.7%
5+ 3844
+15.8%

Summary: The 91709 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 23.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 15.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4351+18.6%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91709, you may be able to get a good deal. 54.9% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in 91709 in October 2024, up by 18.6% month-over-month. Of the 51 sold homes, 55% were sold under asking, 6% were sold at asking, and 39% were sold over asking.

Days on Market for 91709, CA

How long does it take to sell a home in 91709, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days29 Days+7.3%

Summary: Homes in 91709 had an average of 29 days on market in Oct 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91709 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 51 homes were sold in 91709; 69% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 2% 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 20 Days Ago

Newest Listings in 91709, CA

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