Is 91962, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91962 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 91962 was a Seller's Market.

Key Takeaway

91962 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 91962, CA

How much do homes in 91962, CA cost?

Median Sold Price

$815,000

$359/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$166,000(+25.6%)

Key Takeaway

Homes in 91962 have sold for 25.6% more than they did a month ago.

Summary: The median home sold price in 91962 was $815,000 in October 2024, up 25.6% from last month, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $640K-
N/A
3 $649K-
N/A
4 $765K$815K
+6.5%
5+ --
N/A

Summary: 91962 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

91962
+25.6%
91948
-30.9%

Housing Supply in 91962, CA

How many homes are available in 91962, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The 91962 real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 98
-11.1%
4 43
-25.0%
5+ 11
0.0%

Summary: The 91962 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 decreased by 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91962, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 91962 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 91962, CA

How long does it take to sell a home in 91962, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
35 Days45 Days+25.7%

Summary: Homes in 91962 had an average of 45 days on market in Oct 2024, up by 25.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91962 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 91962; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 91962, CA

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