Is 91350, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91350 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91350 has remained a Seller's Market.

Key Takeaway

91350 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91350, CA

How much do homes in 91350, CA cost?

Median Sold Price

$779,437

$429/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,437(+2.2%)

Key Takeaway

Homes in 91350 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 91350 was $779,437 in April 2024, up 2.2% from last year, and the median price per square foot was $429.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $389K$374K
-3.9%
2 $477.5K$525K
+9.9%
3 $720K$728K
+1.1%
4 $840K$842.5K
0.3%
5+ $1.0M$1.1M
+1.4%

Summary: 91350 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.9%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.4%.

Median Sold Price Compared To Nearby Zip Codes

91321
+13.3%
91351
+9.3%
91355
+6.1%
91350
+2.2%
91354
+0.7%

Housing Supply in 91350, CA

How many homes are available in 91350, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
112114+1.8%

Summary: The 91350 real estate market had 114 homes for sale in April 2024, a 1.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1915
-21.1%
3 4543
-4.4%
4 3438
+11.8%
5+ 1417
+21.4%

Summary: The 91350 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 21.1%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3238+18.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91350, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Summary: A total of 38 homes were sold or pending in 91350 in April 2024, up by 18.8% month-over-month. Of the 38 sold homes, 21% were sold under asking, 21% were sold at asking, and 58% were sold over asking.

Days on Market for 91350, CA

How long does it take to sell a home in 91350, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
38 Days21 Days-43.8%

Summary: Homes in 91350 had an average of 21 days on market in Apr 2024, down by 43.8% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91350 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 38 homes were sold in 91350; 82% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% 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 6 Days Ago

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