Is 91601, 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, 91601 has remained a Seller's Market.
Housing Prices in 91601, CA
How much do homes in 91601, CA cost?
Median Sold Price
$870,000
$629/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 91601 was $870,000 in March 2024, down 14.3% from last year, and the median price per square foot was $629.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $440K | $400K | -9.1% |
2 Bedrooms | $695K | $750K | +7.9% |
3 Bedrooms | $1.0M | $910K | -15.3% |
4 Bedrooms | $1.5M | $1.1M | -29.5% |
5+ Bedrooms | $1.7M | $2.0M | +15.7% |
Summary: 91601 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in 91601, CA
How many homes are available in 91601, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 39 | 0.0% |
Summary: The 91601 real estate market had 39 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 91601 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 10 | -44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 91601 in March 2024, down by 44.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for 91601, CA
How long does it take to sell a home in 91601, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 13 Days | -57.4% |
Summary: Homes in 91601 had an average of 13 days on market in Mar 2024, down by 57.4% compared to last year.
Breakdown of Home Sale Times
9 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, 10 homes were sold in 91601; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.