Is 91741, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91741 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 91741 was a Seller's Market.

Key Takeaway

91741 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 91741, CA

How much do homes in 91741, CA cost?

Median Sold Price

$955,000

$549/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,000(-0.4%)

Key Takeaway

The sold price of homes in 91741 has remained the same since last year.

Summary: The median home sold price in 91741 was $955,000 in October 2024, down 0.4% from last year, and the median price per square foot was $549.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$640K
N/A
2 $701.5K$670K
-4.5%
3 $875K$902K
+3.1%
4 $1.1M$1.1M
-1.0%
5+ $1.5M$1.8M
+21.0%

Summary: 91741 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 decreased by 4.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 21%.

Median Sold Price Compared To Nearby Zip Codes

91702
+6.6%
91750
+6.4%
91740
+3.9%
91773
+2.7%
91741
-0.4%

Housing Supply in 91741, CA

How many homes are available in 91741, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
74740.0%

Summary: The 91741 real estate market had 74 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 84
-50.0%
3 3131
0.0%
4 2226
+18.2%
5+ 1213
+8.3%

Summary: The 91741 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91741, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 91741 in October 2024, down by 42.9% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for 91741, CA

How long does it take to sell a home in 91741, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days23 Days-28.5%

Summary: Homes in 91741 had an average of 23 days on market in Oct 2024, down by 28.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91741 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 91741; 75% of homes were sold within 30 days, 25% 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 16 Days Ago

Newest Listings in 91741, CA

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