Is 91331, 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, 91331 has remained a Seller's Market.
Housing Prices in 91331, CA
How much do homes in 91331, CA cost?
Median Sold Price
$700,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 91331 was $700,000 in April 2024, up 2.9% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | $345K | +4.5% |
2 Bedrooms | $475K | $510K | +7.4% |
3 Bedrooms | $685K | $710K | +3.6% |
4 Bedrooms | $740K | $740K | 0.0% |
5+ Bedrooms | $834K | $855K | +2.5% |
Summary: 91331 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 91331, CA
How many homes are available in 91331, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 91 | -9.0% |
Summary: The 91331 real estate market had 91 homes for sale in April 2024, a 9.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 21 | 19 | -9.5% |
3 Bedrooms | 46 | 39 | -15.2% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The 91331 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 91331 in April 2024, the same as the previous month. Of the 27 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for 91331, CA
How long does it take to sell a home in 91331, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 29 Days | -17.7% |
Summary: Homes in 91331 had an average of 29 days on market in Apr 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 91331; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.