Is Whittier, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Whittier has remained a Seller's Market.
Key Takeaway
Whittier is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whittier, CA
How much do homes in Whittier, CA cost?
Median Sold Price
$790,000
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Whittier have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Whittier was $790,000 in May 2024, up 4.4% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $432.5K | $425K | -1.7% |
| 2 Bedrooms | $639.9K | $655K | +2.4% |
| 3 Bedrooms | $755K | $784K | +3.8% |
| 4 Bedrooms | $875K | $870K | -0.6% |
| 5+ Bedrooms | $1.4M | $1.1M | -19.9% |
Summary: Whittier housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Santa Fe Springs | $700K | $735K | +5.0% |
| Pico Rivera | $677.5K | $710K | +4.8% |
| La Habra | $775K | $810.2K | +4.5% |
| Whittier | $756.5K | $790K | +4.4% |
| La Habra Heights | $1.4M | $1.3M | -5.5% |
Housing Supply in Whittier, CA
How many homes are available in Whittier, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 253 | 264 | +4.3% |
Summary: The Whittier real estate market had 264 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 39 | 40 | +2.6% |
| 3 Bedrooms | 137 | 149 | +8.8% |
| 4 Bedrooms | 57 | 54 | -5.3% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Whittier housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 | 76 | -9.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
46 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whittier, you could pay more than the asking price. 60.5% of homes here sold above asking price last month.
Summary: A total of 76 homes were sold or pending in Whittier in May 2024, down by 9.5% month-over-month. Of the 76 sold homes, 28% were sold under asking, 12% were sold at asking, and 61% were sold over asking.
Days on Market for Whittier, CA
How long does it take to sell a home in Whittier, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 29 Days | -3.9% |
Summary: Homes in Whittier had an average of 29 days on market in May 2024, down by 3.9% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whittier are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 76 homes were sold in Whittier; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% 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.