Is 91761, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91761 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91761 has remained a Seller's Market.

Key Takeaway

91761 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91761, CA

How much do homes in 91761, CA cost?

Median Sold Price

$685,000

$416/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+2.2%)

Key Takeaway

Homes in 91761 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 91761 was $685,000 in October 2024, up 2.2% from last year, and the median price per square foot was $416.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $378K$451K
+19.3%
2 $500K$550K
+10.0%
3 $620K$657.3K
+6.0%
4 $749.5K$775K
+3.4%
5+ $845K$880K
+4.1%

Summary: 91761 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

91764
+7.6%
91762
+3.0%
91761
+2.2%

Housing Supply in 91761, CA

How many homes are available in 91761, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
187195+4.3%

Summary: The 91761 real estate market had 195 homes for sale in October 2024, a 4.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 89
+12.5%
2 2925
-13.8%
3 6973
+5.8%
4 6065
+8.3%
5+ 2123
+9.5%

Summary: The 91761 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4340-7.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91761, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 91761 in October 2024, down by 7.0% month-over-month. Of the 40 sold homes, 38% were sold under asking, 28% were sold at asking, and 35% were sold over asking.

Days on Market for 91761, CA

How long does it take to sell a home in 91761, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days37 Days+43.7%

Summary: Homes in 91761 had an average of 37 days on market in Oct 2024, up by 43.7% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91761 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 40 homes were sold in 91761; 55% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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

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