Is 91411, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 91411 was a Seller's Market.
Key Takeaway
91411 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 91411, CA
How much do homes in 91411, CA cost?
Median Sold Price
$1,028,000
$673/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 91411 have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in 91411 was $1,028,000 in May 2024, down 2.1% from last year, and the median price per square foot was $673.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $485K | $469.9K | -3.1% |
| 2 Bedrooms | $645K | $592.5K | -8.1% |
| 3 Bedrooms | $1.1M | $1.0M | -8.2% |
| 4 Bedrooms | $1.3M | $1.1M | -16.5% |
| 5+ Bedrooms | $1.8M | $1.5M | -16.0% |
Summary: 91411 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 16%.
Housing Supply in 91411, CA
How many homes are available in 91411, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 31 | +40.9% |
Summary: The 91411 real estate market had 31 homes for sale in May 2024, a 40.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 91411 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 91411, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in 91411 in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for 91411, CA
How long does it take to sell a home in 91411, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 13 Days | -53.7% |
Summary: Homes in 91411 had an average of 13 days on market in May 2024, down by 53.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 91411 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in 91411; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.