Is 91010, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91010 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91010 has remained a Seller's Market.

Key Takeaway

91010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91010, CA

How much do homes in 91010, CA cost?

Median Sold Price

$741,000

$539/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,500(+1.7%)

Key Takeaway

Homes in 91010 have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in 91010 was $741,000 in April 2024, up 1.7% from last year, and the median price per square foot was $539.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$775K
N/A
2 $614K$640K
+4.2%
3 $735K$746K
+1.5%
4 $850K$900K
+5.9%
5+ $1.1M$920K
-18.2%

Summary: 91010 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 18.2%.

Median Sold Price Compared To Nearby Zip Codes

91702
+3.1%
91010
+1.7%
91706
0.5%
91016
0.0%

Housing Supply in 91010, CA

How many homes are available in 91010, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3435+2.9%

Summary: The 91010 real estate market had 35 homes for sale in April 2024, a 2.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 1816
-11.1%
4 47
+75.0%
5+ 23
+50.0%

Summary: The 91010 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91010, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 91010 in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.

Days on Market for 91010, CA

How long does it take to sell a home in 91010, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days16 Days-45.5%

Summary: Homes in 91010 had an average of 16 days on market in Apr 2024, down by 45.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were 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 91010 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 91010; 89% of homes were sold within 30 days, 11% 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 4 Days Ago

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