Is 91786, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91786 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91786 has remained a Seller's Market.

Key Takeaway

91786 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91786, CA

How much do homes in 91786, CA cost?

Median Sold Price

$725,000

$447/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$55,000(+8.2%)

Key Takeaway

Homes in 91786 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 91786 was $725,000 in October 2024, up 8.2% from last year, and the median price per square foot was $447.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $477K$450K
-5.7%
2 $524K$455K
-13.2%
3 $655K$709K
+8.2%
4 $750K$797.4K
+6.3%
5+ $853.7K$896K
+5.0%

Summary: 91786 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 13.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 5%.

Median Sold Price Compared To Nearby Zip Codes

91786
+8.2%
91764
+7.6%
91730
+7.2%
91763
+6.5%
91784
+4.4%

Housing Supply in 91786, CA

How many homes are available in 91786, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97100+3.1%

Summary: The 91786 real estate market had 100 homes for sale in October 2024, a 3.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1011
+10.0%
3 4648
+4.3%
4 3836
-5.3%
5+ 24
+100.0%

Summary: The 91786 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 increased by 10%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2427+12.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91786, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 91786 in October 2024, up by 12.5% month-over-month. Of the 27 sold homes, 30% were sold under asking, 19% were sold at asking, and 52% were sold over asking.

Days on Market for 91786, CA

How long does it take to sell a home in 91786, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days31 Days+4.3%

Summary: Homes in 91786 had an average of 31 days on market in Oct 2024, up by 4.3% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91786 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 91786; 59% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 4% 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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