Is 91436, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 91436 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 91436 was a Seller's Market.

Key Takeaway

91436 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 91436, CA

How much do homes in 91436, CA cost?

Median Sold Price

$2,250,000

$776/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$147,500(-6.2%)

Key Takeaway

Homes in 91436 have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in 91436 was $2,250,000 in April 2024, down 6.2% from last year, and the median price per square foot was $776.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $520K$631K
+21.3%
2 $985K$1.1M
+16.5%
3 $1.6M$1.7M
+3.7%
4 $2.3M$2.2M
-3.3%
5+ $3.9M$3.4M
-13.2%

Summary: 91436 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 16.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 13.2%.

Median Sold Price Compared To Nearby Zip Codes

91403
+5.9%
91316
+3.8%
91406
+3.2%
91436
-6.2%
91411
-11.9%

Housing Supply in 91436, CA

How many homes are available in 91436, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7099+41.4%

Summary: The 91436 real estate market had 99 homes for sale in April 2024, a 41.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 713
+85.7%
4 2326
+13.0%
5+ 3957
+46.2%

Summary: The 91436 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 200%, 3 bedroom homes increased by 85.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 46.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
916+77.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 91436, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 91436 in April 2024, up by 77.8% month-over-month. Of the 16 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for 91436, CA

How long does it take to sell a home in 91436, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
55 Days22 Days-59.9%

Summary: Homes in 91436 had an average of 22 days on market in Apr 2024, down by 59.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 91436 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 91436; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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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