Is 91745, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91745 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 91745 has remained a Seller's Market.

Key Takeaway

91745 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91745, CA

How much do homes in 91745, CA cost?

Median Sold Price

$899,333

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$22,458(+2.6%)

Key Takeaway

Homes in 91745 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 91745 was $899,333 in March 2024, up 2.6% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$407K
N/A
2 $532.5K$545K
+2.3%
3 $725K$782K
+7.9%
4 $994.5K$1.0M
+2.6%
5+ $1.0M$1.1M
+7.8%

Summary: 91745 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 2.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

91746
+6.0%
90601
+4.3%
91745
+2.6%
91744
+2.2%
91748
+0.8%

Housing Supply in 91745, CA

How many homes are available in 91745, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7075+7.1%

Summary: The 91745 real estate market had 75 homes for sale in March 2024, a 7.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 36
+100.0%
3 2425
+4.2%
4 3030
0.0%
5+ 1112
+9.1%

Summary: The 91745 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 100%, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1722+29.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91745, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 91745 in March 2024, up by 29.4% month-over-month. Of the 22 sold homes, 45% were sold under asking, 14% were sold at asking, and 41% were sold over asking.

Days on Market for 91745, CA

How long does it take to sell a home in 91745, CA?

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days33 Days-29.3%

Summary: Homes in 91745 had an average of 33 days on market in Mar 2024, down by 29.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91745 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 22 homes were sold in 91745; 59% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in 91745, CA

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