$13,000,000
Studio
Troy Reese, Listing Office: Marcus & Millichap RE Invest
Is 91791, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 91791 has remained a Seller's Market.
Key Takeaway
91791 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 91791, CA
How much do homes in 91791, CA cost?
Median Sold Price
$899,944
$490/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,944(+8.4%)
Key Takeaway
Homes in 91791 have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in 91791 was $899,944 in November 2024, up 8.4% from last year, and the median price per square foot was $490.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278.5K | - | N/A |
| 2 Bedrooms | $520K | $556K | +6.9% |
| 3 Bedrooms | $775K | $819.9K | +5.8% |
| 4 Bedrooms | $982.5K | $996.5K | +1.4% |
| 5+ Bedrooms | $1.3M | $1.4M | +5.9% |
Summary: 91791 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 increased by 6.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 5.9%.
Housing Supply in 91791, CA
How many homes are available in 91791, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 56 | +5.7% |
Summary: The 91791 real estate market had 56 homes for sale in November 2024, a 5.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 18 | 24 | +33.3% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 91791 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 91791, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 91791 in November 2024, up by 62.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.
Days on Market for 91791, CA
How long does it take to sell a home in 91791, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +17.9% |
Summary: Homes in 91791 had an average of 37 days on market in Nov 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 91791 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 91791; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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.