Is 91401, 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, 91401 has remained a Seller's Market.
Housing Prices in 91401, CA
How much do homes in 91401, CA cost?
Median Sold Price
$1,085,000
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 91401 was $1,085,000 in April 2024, down 4% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $446.6K | $550K | +23.2% |
2 Bedrooms | $733.5K | $680K | -7.3% |
3 Bedrooms | $1.0M | $1.1M | +1.6% |
4 Bedrooms | $1.3M | $1.4M | +1.8% |
5+ Bedrooms | $2.0M | $1.8M | -8.1% |
Summary: 91401 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.2%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in 91401, CA
How many homes are available in 91401, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 84 | +31.3% |
Summary: The 91401 real estate market had 84 homes for sale in April 2024, a 31.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 24 | 32 | +33.3% |
4 Bedrooms | 14 | 21 | +50.0% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The 91401 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 increased by 7.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 91401 in April 2024, up by 5.9% month-over-month. Of the 18 sold homes, 39% were sold under asking, 17% were sold at asking, and 44% were sold over asking.
Days on Market for 91401, CA
How long does it take to sell a home in 91401, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 25 Days | -50.3% |
Summary: Homes in 91401 had an average of 25 days on market in Apr 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 91401; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.