Is 91786, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91786 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91786 has remained a Seller's Market.

Key Takeaway

91786 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91786, CA

How much do homes in 91786, CA cost?

Median Sold Price

$698,333

$438/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$18,333(+2.7%)

Key Takeaway

Homes in 91786 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 91786 was $698,333 in April 2024, up 2.7% from last year, and the median price per square foot was $438.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$477K
N/A
2 $510K$507.2K
-0.5%
3 $664.3K$675K
+1.6%
4 $751.5K$780K
+3.8%
5+ $929.5K$853.7K
-8.1%

Summary: 91786 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Zip Codes

91764
+3.8%
91763
+3.2%
91730
+3.0%
91786
+2.7%
91784
+1.8%

Housing Supply in 91786, CA

How many homes are available in 91786, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7682+7.9%

Summary: The 91786 real estate market had 82 homes for sale in April 2024, a 7.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1517
+13.3%
3 3637
+2.8%
4 2426
+8.3%
5+ 11
0.0%

Summary: The 91786 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1827+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91786, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 91786 in April 2024, up by 50.0% month-over-month. Of the 27 sold homes, 37% were sold under asking, 7% were sold at asking, and 56% were sold over asking.

Days on Market for 91786, CA

How long does it take to sell a home in 91786, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
40 Days14 Days-62.7%

Summary: Homes in 91786 had an average of 14 days on market in Apr 2024, down by 62.7% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91786 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 91786; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% 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 5 Days Ago

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