Is 91364, 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, 91364 was a Seller's Market.
Key Takeaway
91364 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 91364, CA
How much do homes in 91364, CA cost?
Median Sold Price
$1,374,500
$639/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 91364 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 91364 was $1,374,500 in May 2024, up 4.6% from last year, and the median price per square foot was $639.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $617K | $900K | +45.9% |
| 2 Bedrooms | $827.5K | $935K | +13.0% |
| 3 Bedrooms | $1.1M | $1.2M | +8.7% |
| 4 Bedrooms | $1.5M | $1.5M | -4.8% |
| 5+ Bedrooms | $2.1M | $2.1M | +1.9% |
Summary: 91364 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.9%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 91364, CA
How many homes are available in 91364, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 128 | 164 | +28.1% |
Summary: The 91364 real estate market had 164 homes for sale in May 2024, a 28.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 41 | 49 | +19.5% |
| 4 Bedrooms | 46 | 59 | +28.3% |
| 5+ Bedrooms | 33 | 46 | +39.4% |
Summary: The 91364 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 33.3%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 39.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 91364, you may be able to get a good deal. 44% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 91364 in May 2024, down by 3.8% month-over-month. Of the 25 sold homes, 44% were sold under asking, 12% were sold at asking, and 44% were sold over asking.
Days on Market for 91364, CA
How long does it take to sell a home in 91364, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 23 Days | -18.3% |
Summary: Homes in 91364 had an average of 23 days on market in May 2024, down by 18.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 91364 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in 91364; 76% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 4% 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.