Is 91977, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91977 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 91977 has remained a Seller's Market.

Key Takeaway

91977 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91977, CA

How much do homes in 91977, CA cost?

Median Sold Price

$740,000

$517/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+5.7%)

Key Takeaway

Homes in 91977 have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in 91977 was $740,000 in November 2024, up 5.7% from last year, and the median price per square foot was $517.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$430K
+19.4%
2 $529K$562.5K
+6.3%
3 $685K$734.9K
+7.3%
4 $769.5K$840K
+9.2%
5+ $875K$1.0M
+14.3%

Summary: 91977 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.4%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Zip Codes

91978
+12.9%
92114
+10.0%
91945
+8.7%
91941
+5.9%
91977
+5.7%

Housing Supply in 91977, CA

How many homes are available in 91977, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
152137-9.9%

Summary: The 91977 real estate market had 137 homes for sale in November 2024, a 9.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2319
-17.4%
3 8470
-16.7%
4 3437
+8.8%
5+ 1010
0.0%

Summary: The 91977 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3435+2.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91977, you could pay more than the asking price. 48.6% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in 91977 in November 2024, up by 2.9% month-over-month. Of the 35 sold homes, 26% were sold under asking, 26% were sold at asking, and 49% were sold over asking.

Days on Market for 91977, CA

How long does it take to sell a home in 91977, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days22 Days-8.7%

Summary: Homes in 91977 had an average of 22 days on market in Nov 2024, down by 8.7% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91977 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 35 homes were sold in 91977; 69% of homes were sold within 30 days, 31% 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 17 Days Ago

Newest Listings in 91977, CA

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