The 91711 Spring Market in Numbers

Spring 2026 is the first season since 2022 where every category in 91711's market has moved in the same direction at the same time. Inventory up. Days on market up. List-to-sale ratio down. Off-market activity flat. After three years of bifurcated readings — hills running hot while flatlands normalized, or the other way around — Claremont is finally moving as one market again.

The headline numbers

The number that gets the most attention is median sale price — and it's the wrong one to focus on. Year-over-year the median sale is still up roughly 2.4%. That's actually slower than wage growth and well below inflation, but it's positive. What buyers and sellers should be reading instead is the list-to-sale ratio and the percentage of sales with at least one price reduction. Both of those are moving fast in the buyer's direction.

What's changed since last spring

Inventory is up 41% year-over-year. Some of that is seasonal — spring always brings inventory — but it's an outsized move and the absolute number (82 active SFR listings as of late April) is the highest spring reading since 2019. Sellers who held through the 2023-2024 stretch are now coming off the sidelines, and a meaningful share of them are entering with stale price expectations.

That's where the 34% reduction share comes from. A third of all spring 2026 closings have had at least one price drop between list and close. The median drop, when it happens, is $32K. Buyers walking into the market right now should treat the original list price as a starting point, not the price.

Where it breaks down

The aggregate numbers hide one segment that's still hot: the $1.4M–$1.9M move-up bracket. Inventory there is unchanged year-over-year, days on market is twelve, and list-to-sale is still over 100%. That bracket is dominated by buyers selling out of Claremont starter homes (the same buyers who pushed up the under-$1M segment in 2023-2024) and moving up within the city. Their equity is largely intact and they're not payment-sensitive in the same way that first-time buyers are.

Below $900K, especially under $750K, the market has fundamentally reset. Days on market in that bracket is now over forty. We'd call it a buyer's market without much hedge.

“Three years of bifurcation are over. 91711 is moving as one market again, and the direction is gently down.”

What we're watching for summer

Two things. First, whether inventory continues to climb through July (it almost always peaks in late June; if 2026 breaks that pattern and grows into August, the price weakness picks up). Second, whether the $1.4M+ bracket finally rejoins the rest of the market — that's the last cohort still pricing like it's 2023, and at some point either the inventory there expands or the comps start dragging.