Is 91381, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91381 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91381 has remained a Seller's Market.

Key Takeaway

91381 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91381, CA

How much do homes in 91381, CA cost?

Median Sold Price

$1,150,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$170,000(+17.3%)

Key Takeaway

Homes in 91381 have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in 91381 was $1,150,000 in April 2024, up 17.3% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $568.5K$573.5K
+0.9%
3 $775.5K$780K
+0.6%
4 $1.1M$1.1M
+5.7%
5+ $1.4M$1.4M
+2.4%

Summary: 91381 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 0.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

91381
+17.3%
91321
+13.3%
91355
+6.1%
91384
+4.5%
93063
+4.3%

Housing Supply in 91381, CA

How many homes are available in 91381, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2540+60.0%

Summary: The 91381 real estate market had 40 homes for sale in April 2024, a 60.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 811
+37.5%
4 812
+50.0%
5+ 715
+114.3%

Summary: The 91381 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 114.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91381, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 91381 in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 91381, CA

How long does it take to sell a home in 91381, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days25 Days-27.9%

Summary: Homes in 91381 had an average of 25 days on market in Apr 2024, down by 27.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91381 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 91381; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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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