Is 91902, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91902 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91902 has remained a Seller's Market.

Key Takeaway

91902 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91902, CA

How much do homes in 91902, CA cost?

Median Sold Price

$1,100,000

$508/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$112,000(+11.3%)

Key Takeaway

Homes in 91902 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 91902 was $1,100,000 in October 2024, up 11.3% from last year, and the median price per square foot was $508.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $380K$397.4K
+4.6%
2 $465K$520K
+11.8%
3 $988K$1.0M
+3.7%
4 $1.0M$1.1M
+14.7%
5+ $1.2M$1.3M
+11.2%

Summary: 91902 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

91914
+23.0%
92139
+12.0%
91902
+11.3%
91913
+6.6%
91910
+5.1%

Housing Supply in 91902, CA

How many homes are available in 91902, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4655+19.6%

Summary: The 91902 real estate market had 55 homes for sale in October 2024, a 19.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 66
0.0%
3 911
+22.2%
4 1925
+31.6%
5+ 1012
+20.0%

Summary: The 91902 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91902, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 91902 in October 2024, down by 8.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.

Days on Market for 91902, CA

How long does it take to sell a home in 91902, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days26 Days+13.8%

Summary: Homes in 91902 had an average of 26 days on market in Oct 2024, up by 13.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91902 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in 91902; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% 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 16 Days Ago

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