A Closer Look at 91010: More Than Just a Number

Picture this: You’re cruising down palm-lined streets, the sun kissing your skin through the sunroof of your luxury vehicle. This isn’t a vacation – this is home. The 91010 area, primarily encompassing Duarte, California, is where dreams of SoCal living come to flourish.

As of November 2024, the median sale price in this slice of paradise sits at a cool $770,000. That’s a 3.7% jump from last year, proving that this market isn’t just hot – it’s on fire. But here’s the kicker: homes here are selling after an average of 43 days on the market. In the world of real estate, that’s practically a blink of an eye.

Market Dynamics: A Closer Look

Let’s break down the numbers to give you a clearer picture of what’s happening in 91010:

• Median Sale Price: $770,000 (up 3.7% year-over-year)
• Median Price Per Square Foot: $533 (down 6.5% since last year)
• Number of Homes for Sale: 37 (as of the latest reports)
• Days on Market: 43 (up from 31 days last year)

According to Redfin, these statistics paint a picture of a competitive market with some interesting shifts. The increase in days on market suggests that buyers might have a bit more breathing room than they did last year, but don’t let that fool you – properties are still moving quickly.

Neighborhood Spotlight: Ridgecrest Estates

One of the crown jewels of 91010 is Ridgecrest Estates. You’ll find homes here that redefine luxury living. For instance, there’s currently a Tuscan-style home listed for $1,695,000. This isn’t just a house; it’s a statement. With its open floor plan, gourmet kitchen, and multiple suites, it’s the kind of place that makes you feel like you’ve stepped into a resort – except it’s all yours.

Market Trends: The Numbers Game

Let’s talk shop. The 91010 real estate market is a seller’s paradise right now, but that doesn’t mean you can’t score big as a buyer. Here’s the inside scoop:

• The median price per square foot is $533. That’s a 6.5% dip from last year, giving you more bang for your buck.
• 60% of homes sold above asking price in October 2024. Translation? When you find the one, don’t hesitate.
• Inventory is tight, with only 37 homes for sale as of the latest reports. It’s like musical chairs, but with multimillion-dollar properties.

Housing Inventory Breakdown

To give you a more detailed view, let’s look at how the housing inventory changed from September to October 2024:

• 1 bedroom homes: No change
• 2 bedrooms: Decreased by 20%
• 3 bedrooms: Remained the same
• 4 bedrooms: Increased by 33.3%
• 5+ bedrooms: Increased by 100%

This data, provided by Rocket Homes, shows a significant increase in larger homes hitting the market. If you’re looking for space, now might be your moment.