Is Arcadia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Arcadia has remained a Seller's Market.
Housing Prices in Arcadia, CA
How much do homes in Arcadia, CA cost?
Median Sold Price
$1,400,000
$662/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Arcadia was $1,400,000 in April 2024, down 0.3% from last year, and the median price per square foot was $662.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $385K | $1.4M | +270.1% |
2 Bedrooms | $735K | $750K | +2.0% |
3 Bedrooms | $1.1M | $1.1M | +2.9% |
4 Bedrooms | $1.7M | $1.6M | -5.8% |
5+ Bedrooms | $3.1M | $3.2M | +5.0% |
Summary: Arcadia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 270.1%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Temple City | $968K | $1.0M | +11.6% |
Upper San Gabriel Valley | $938.1K | $990.9K | +5.6% |
Arcadia | $1.4M | $1.4M | -0.3% |
Monrovia | $950K | $930K | -2.1% |
Sierra Madre | $1.4M | $1.3M | -5.1% |
Housing Supply in Arcadia, CA
How many homes are available in Arcadia, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
167 | 189 | +13.2% |
Summary: The Arcadia real estate market had 189 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 18 | 25 | +38.9% |
3 Bedrooms | 64 | 72 | +12.5% |
4 Bedrooms | 44 | 46 | +4.5% |
5+ Bedrooms | 40 | 46 | +15.0% |
Summary: The Arcadia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 44 | +7.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Arcadia in April 2024, up by 7.3% month-over-month. Of the 44 sold homes, 23% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Arcadia, CA
How long does it take to sell a home in Arcadia, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 23 Days | -50.3% |
Summary: Homes in Arcadia had an average of 23 days on market in Apr 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in Arcadia; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.