Is 91306, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 91306 has remained a Seller's Market.
Housing Prices in 91306, CA
How much do homes in 91306, CA cost?
Median Sold Price
$781,500
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 91306 was $781,500 in March 2024, down 0.9% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $344K | $345K | 0.3% |
2 Bedrooms | $480K | $485K | +1.0% |
3 Bedrooms | $780K | $775K | -0.6% |
4 Bedrooms | $875K | $875K | 0.0% |
5+ Bedrooms | $930K | $1.0M | +8.6% |
Summary: 91306 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 8.6%.
Housing Supply in 91306, CA
How many homes are available in 91306, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 70 | -13.6% |
Summary: The 91306 real estate market had 70 homes for sale in March 2024, a 13.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 35 | 29 | -17.1% |
4 Bedrooms | 24 | 19 | -20.8% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 91306 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 26 | -18.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 91306 in March 2024, down by 18.8% month-over-month. Of the 26 sold homes, 27% were sold under asking, 8% were sold at asking, and 65% were sold over asking.
Days on Market for 91306, CA
How long does it take to sell a home in 91306, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 25 Days | -24.3% |
Summary: Homes in 91306 had an average of 25 days on market in Mar 2024, down by 24.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 91306; 65% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.