Is 91607, 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, 91607 has remained a Seller's Market.
Housing Prices in 91607, CA
How much do homes in 91607, CA cost?
Median Sold Price
$1,300,000
$695/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 91607 was $1,300,000 in March 2024, up 11.6% from last year, and the median price per square foot was $695.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $430K | $420K | -2.3% |
2 Bedrooms | $707.5K | $725K | +2.5% |
3 Bedrooms | $1.3M | $1.2M | -2.1% |
4 Bedrooms | $1.7M | $1.5M | -7.5% |
5+ Bedrooms | $3.2M | $2.3M | -26.8% |
Summary: 91607 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 26.8%.
Housing Supply in 91607, CA
How many homes are available in 91607, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 53 | +3.9% |
Summary: The 91607 real estate market had 53 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The 91607 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 increased by 7.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 91607 in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 53% were sold under asking, 20% were sold at asking, and 27% were sold over asking.
Days on Market for 91607, CA
How long does it take to sell a home in 91607, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 46 Days | -20.8% |
Summary: Homes in 91607 had an average of 46 days on market in Mar 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 91607; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.