Is 91301, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 91301 has remained a Seller's Market.
Housing Prices in 91301, CA
How much do homes in 91301, CA cost?
Median Sold Price
$1,185,000
$562/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 91301 was $1,185,000 in April 2024, up 4.1% from last year, and the median price per square foot was $562.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $394.5K | $365K | -7.5% |
2 Bedrooms | $549.9K | $580K | +5.5% |
3 Bedrooms | $1.0M | $965K | -3.5% |
4 Bedrooms | $1.2M | $1.3M | +6.4% |
5+ Bedrooms | $2.2M | $1.9M | -9.5% |
Summary: 91301 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 9.5%.
Housing Supply in 91301, CA
How many homes are available in 91301, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 82 | +9.3% |
Summary: The 91301 real estate market had 82 homes for sale in April 2024, a 9.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 11 | 18 | +63.6% |
4 Bedrooms | 24 | 24 | 0.0% |
5+ Bedrooms | 22 | 19 | -13.6% |
Summary: The 91301 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 63.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 91301 in April 2024, up by 10.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 91301, CA
How long does it take to sell a home in 91301, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 33 Days | +60.5% |
Summary: Homes in 91301 had an average of 33 days on market in Apr 2024, up by 60.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in 91301; 57% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.