Is 91950, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91950 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 91950 has remained a Seller's Market.

Key Takeaway

91950 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91950, CA

How much do homes in 91950, CA cost?

Median Sold Price

$676,000

$528/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$61,000(+9.9%)

Key Takeaway

Homes in 91950 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 91950 was $676,000 in October 2024, up 9.9% from last year, and the median price per square foot was $528.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $315K$315K
0.0%
2 $535K$560K
+4.7%
3 $639K$725K
+13.5%
4 $730K$750K
+2.7%
5+ $825K$950K
+15.2%

Summary: 91950 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 4.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 15.2%.

Median Sold Price Compared To Nearby Zip Codes

92139
+12.0%
91950
+9.9%
92113
+6.7%
91910
+5.1%

Housing Supply in 91950, CA

How many homes are available in 91950, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4253+26.2%

Summary: The 91950 real estate market had 53 homes for sale in October 2024, a 26.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 511
+120.0%
2 49
+125.0%
3 2120
-4.8%
4 911
+22.2%
5+ 32
-33.3%

Summary: The 91950 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 120%, 2 bedroom homes increased by 125%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
814+75.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91950, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 91950 in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.

Days on Market for 91950, CA

How long does it take to sell a home in 91950, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days30 Days+205.4%

Summary: Homes in 91950 had an average of 30 days on market in Oct 2024, up by 205.4% compared to last year.

Breakdown of Home Sale Times

11 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 91950 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 91950; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% 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

Newest Listings in 91950, CA

Nearby Markets to 91950, CA