Is 91406, 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, 91406 has remained a Seller's Market.
Housing Prices in 91406, CA
How much do homes in 91406, CA cost?
Median Sold Price
$840,000
$550/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 91406 was $840,000 in March 2024, up 2.4% from last year, and the median price per square foot was $550.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $350K | -6.7% |
2 Bedrooms | $574.5K | $600K | +4.4% |
3 Bedrooms | $853.5K | $845K | -1.0% |
4 Bedrooms | $910K | $925K | +1.6% |
5+ Bedrooms | $1.3M | $1.2M | -9.6% |
Summary: 91406 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in 91406, CA
How many homes are available in 91406, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 74 | -1.3% |
Summary: The 91406 real estate market had 74 homes for sale in March 2024, a 1.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 38 | 37 | -2.6% |
4 Bedrooms | 14 | 11 | -21.4% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 91406 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 38.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 91406 in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for 91406, CA
How long does it take to sell a home in 91406, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 34 Days | +4.3% |
Summary: Homes in 91406 had an average of 34 days on market in Mar 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 91406; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.