Is 91405, 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, 91405 has remained a Seller's Market.
Housing Prices in 91405, CA
How much do homes in 91405, CA cost?
Median Sold Price
$820,000
$483/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 91405 was $820,000 in March 2024, up 11.6% from last year, and the median price per square foot was $483.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $442.5K | N/A |
2 Bedrooms | $499.4K | $518K | +3.7% |
3 Bedrooms | $825K | $850K | +3.0% |
4 Bedrooms | $970K | $877.5K | -9.5% |
5+ Bedrooms | $1.2M | $1.5M | +15.6% |
Summary: 91405 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 15.6%.
Housing Supply in 91405, CA
How many homes are available in 91405, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 43 | +16.2% |
Summary: The 91405 real estate market had 43 homes for sale in March 2024, a 16.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 17 | +54.5% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 10 | 5 | -50.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 91405 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 91405 in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for 91405, CA
How long does it take to sell a home in 91405, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 12 Days | -57.6% |
Summary: Homes in 91405 had an average of 12 days on market in Mar 2024, down by 57.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in 91405; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.