Is Rosemead, 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, Rosemead has remained a Seller's Market.
Housing Prices in Rosemead, CA
How much do homes in Rosemead, CA cost?
Median Sold Price
$850,000
$561/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rosemead was $850,000 in May 2024, up 9.5% from last year, and the median price per square foot was $561.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $410K | $764K | +86.3% |
2 Bedrooms | $680K | $704K | +3.5% |
3 Bedrooms | $775K | $810K | +4.5% |
4 Bedrooms | $919K | $937K | +2.0% |
5+ Bedrooms | $1.0M | $1.1M | +10.6% |
Summary: Rosemead housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
San Gabriel | $938K | $1.1M | +23.5% |
Rosemead | $776K | $850K | +9.5% |
El Monte | $665K | $725K | +9.0% |
Southwest San Gabriel Valley | $808.5K | $866.6K | +7.2% |
South El Monte | $709K | $725.5K | +2.3% |
Housing Supply in Rosemead, CA
How many homes are available in Rosemead, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 43 | +19.4% |
Summary: The Rosemead real estate market had 43 homes for sale in May 2024, a 19.4% 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 | 10 | 11 | +10.0% |
3 Bedrooms | 9 | 14 | +55.6% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Rosemead 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 10%, 3 bedroom homes increased by 55.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Rosemead in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Rosemead, CA
How long does it take to sell a home in Rosemead, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 32 Days | +5.1% |
Summary: Homes in Rosemead had an average of 32 days on market in May 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Rosemead; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.