Is Artesia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Artesia has remained a Seller's Market.
Housing Prices in Artesia, CA
How much do homes in Artesia, CA cost?
Median Sold Price
$713,000
$598/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Artesia was $713,000 in February 2024, up 4.9% from last year, and the median price per square foot was $598.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $375K | +25.0% |
2 Bedrooms | $495K | $525K | +6.1% |
3 Bedrooms | $740K | $767K | +3.6% |
4 Bedrooms | $881.5K | $878K | -0.4% |
5+ Bedrooms | $1.0M | $1.5M | +53.0% |
Summary: Artesia housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 53%.
Median Sold Price Compared To Nearby Cities
Artesia | $680K | $713K | +4.9% |
Cerritos | $965K | $995K | +3.1% |
Downey-Norwalk | $730K | $746.3K | +2.2% |
Norwalk | $685K | $688.3K | 0.5% |
Housing Supply in Artesia, CA
How many homes are available in Artesia, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Summary: The Artesia real estate market had 24 homes for sale in February 2024, a 4.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Artesia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Artesia in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Artesia, CA
How long does it take to sell a home in Artesia, CA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
45 Days | 54 Days | +20.2% |
Summary: Homes in Artesia had an average of 54 days on market in Feb 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 6 homes were sold in Artesia; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.