Is 91906, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91906 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 91906 was a Neutral Market.

Key Takeaway

91906 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91906, CA

How much do homes in 91906, CA cost?

Median Sold Price

$480,000

$342/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$30,000(+6.7%)

Key Takeaway

Homes in 91906 have sold for 6.7% more than they did a month ago.

Summary: The median home sold price in 91906 was $480,000 in December 2024, up 6.7% from last month, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$389K
N/A
2 $435K$422.5K
-2.9%
3 $462.5K$500K
+8.1%
4 --
N/A
5+ --
N/A

Summary: 91906 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

91906
+6.7%
91962
-3.9%

Housing Supply in 91906, CA

How many homes are available in 91906, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1921+10.5%

Summary: The 91906 real estate market had 21 homes for sale in December 2024, a 10.5% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 99
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The 91906 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91906, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 91906 in December 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.

Days on Market for 91906, CA

How long does it take to sell a home in 91906, CA?

Average Sale Time

Nov 2024Dec 2024CHANGE
8 Days70 Days+714.6%

Summary: Homes in 91906 had an average of 70 days on market in Dec 2024, up by 714.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91906 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 91906; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in 91906, CA

Nearby Markets to 91906, CA