Is 91356, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91356 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 91356 has remained a Seller's Market.

Key Takeaway

91356 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 91356, CA

How much do homes in 91356, CA cost?

Median Sold Price

$1,129,375

$541/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$227,500(+25.2%)

Key Takeaway

Homes in 91356 have sold for 25.2% more than they did a year ago.

Summary: The median home sold price in 91356 was $1,129,375 in April 2024, up 25.2% from last year, and the median price per square foot was $541.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $349.5K$340K
-2.7%
2 $527.6K$543K
+2.9%
3 $805K$877.5K
+9.0%
4 $1.6M$1.8M
+8.6%
5+ $2.8M$2.5M
-10.7%

Summary: 91356 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 10.7%.

Median Sold Price Compared To Nearby Zip Codes

91356
+25.2%
91364
+5.2%
91316
+3.8%
91367
+3.5%
91335
+3.1%

Housing Supply in 91356, CA

How many homes are available in 91356, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
94110+17.0%

Summary: The 91356 real estate market had 110 homes for sale in April 2024, a 17.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 99
0.0%
2 1819
+5.6%
3 2021
+5.0%
4 2528
+12.0%
5+ 2233
+50.0%

Summary: The 91356 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91356, you may be able to get a good deal. 64% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 91356 in April 2024, up by 8.7% month-over-month. Of the 25 sold homes, 64% were sold under asking, 4% were sold at asking, and 32% were sold over asking.

Days on Market for 91356, CA

How long does it take to sell a home in 91356, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days28 Days+159.9%

Summary: Homes in 91356 had an average of 28 days on market in Apr 2024, up by 159.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91356 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 25 homes were sold in 91356; 56% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 4% 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 Apr 1, 2024

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