Is 91748, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91748 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 91748 was a Seller's Market.

Key Takeaway

91748 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 91748, CA

How much do homes in 91748, CA cost?

Median Sold Price

$947,500

$542/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$80,956(+9.3%)

Key Takeaway

Homes in 91748 have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in 91748 was $947,500 in November 2024, up 9.3% from last year, and the median price per square foot was $542.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $423K$418.4K
-1.1%
3 $747K$836K
+11.9%
4 $949K$1.0M
+6.4%
5+ $1.2M$1.3M
+5.6%

Summary: 91748 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Zip Codes

91745
+10.0%
91789
+9.9%
91748
+9.3%
91744
+6.5%
91792
+4.9%

Housing Supply in 91748, CA

How many homes are available in 91748, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6654-18.2%

Summary: The 91748 real estate market had 54 homes for sale in November 2024, a 18.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 159
-40.0%
4 3127
-12.9%
5+ 1512
-20.0%

Summary: The 91748 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
256-76.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91748, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 91748 in November 2024, down by 76.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for 91748, CA

How long does it take to sell a home in 91748, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days26 Days+3.1%

Summary: Homes in 91748 had an average of 26 days on market in Nov 2024, up by 3.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91748 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in 91748; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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