$10,000 Closing Credit*
$1,890,000
2,952 SqFt
5 Beds
•4 Full Baths
Ta Yu, Listing Office: Keller Williams Studio City
Is 91775, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 91775 has remained a Seller's Market.
Key Takeaway
91775 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 91775, CA
How much do homes in 91775, CA cost?
Median Sold Price
$1,385,000
$757/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$195,000(+16.4%)
Key Takeaway
Homes in 91775 have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in 91775 was $1,385,000 in October 2024, up 16.4% from last year, and the median price per square foot was $757.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $920K | $950K | +3.3% |
| 3 Bedrooms | $1.0M | $1.3M | +29.6% |
| 4 Bedrooms | $1.3M | $1.5M | +14.5% |
| 5+ Bedrooms | $1.7M | $2.1M | +24.9% |
Summary: 91775 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 29.6%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 24.9%.
Housing Supply in 91775, CA
How many homes are available in 91775, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Summary: The 91775 real estate market had 35 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 91775 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 decreased by 16.7%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 91775, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 91775 in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 91775, CA
How long does it take to sell a home in 91775, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 23 Days | +84.0% |
Summary: Homes in 91775 had an average of 23 days on market in Oct 2024, up by 84% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 91775 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 91775; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.