Is 91801, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91801 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91801 has remained a Seller's Market.

Key Takeaway

91801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91801, CA

How much do homes in 91801, CA cost?

Median Sold Price

$817,500

$579/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,500(+4.8%)

Key Takeaway

Homes in 91801 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 91801 was $817,500 in April 2024, up 4.8% from last year, and the median price per square foot was $579.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $490K$467.5K
-4.6%
2 $700.9K$730.5K
+4.2%
3 $890K$879.5K
-1.2%
4 $935.5K$1.1M
+19.5%
5+ $1.2M$1.7M
+44.8%

Summary: 91801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 44.8%.

Median Sold Price Compared To Nearby Zip Codes

91108
+9.4%
91776
+8.9%
91030
+5.9%
91801
+4.8%
91803
0.3%

Housing Supply in 91801, CA

How many homes are available in 91801, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4756+19.1%

Summary: The 91801 real estate market had 56 homes for sale in April 2024, a 19.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1816
-11.1%
3 1926
+36.8%
4 813
+62.5%
5+ 11
0.0%

Summary: The 91801 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 36.8%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91801, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 91801 in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 15% were sold under asking, 15% were sold at asking, and 69% were sold over asking.

Days on Market for 91801, CA

How long does it take to sell a home in 91801, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days17 Days-25.4%

Summary: Homes in 91801 had an average of 17 days on market in Apr 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

11 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 91801 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 13 homes were sold in 91801; 85% of homes were sold within 30 days, 15% 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 4 Days Ago

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