Is Bellflower, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Bellflower has remained a Seller's Market.
Housing Prices in Bellflower, CA
How much do homes in Bellflower, CA cost?
Median Sold Price
$750,000
$510/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Bellflower was $750,000 in June 2024, up 7.1% from last year, and the median price per square foot was $510.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $595K | $455K | -23.5% |
2 Bedrooms | $555K | $585K | +5.4% |
3 Bedrooms | $727.5K | $760K | +4.5% |
4 Bedrooms | $850K | $910K | +7.1% |
5+ Bedrooms | $900K | $1.2M | +36.7% |
Summary: Bellflower housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.5%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 36.7%.
Median Sold Price Compared To Nearby Cities
Cerritos | $930K | $1.0M | +12.9% |
Bellflower | $700K | $750K | +7.1% |
Downey-Norwalk | $715.4K | $760K | +6.2% |
Norwalk | $669.3K | $710K | +6.1% |
Housing Supply in Bellflower, CA
How many homes are available in Bellflower, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
46 | 54 | +17.4% |
Summary: The Bellflower real estate market had 54 homes for sale in June 2024, a 17.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 17 | 19 | +11.8% |
3 Bedrooms | 17 | 24 | +41.2% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Bellflower housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Bellflower in June 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for Bellflower, CA
How long does it take to sell a home in Bellflower, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 18 Days | -35.2% |
Summary: Homes in Bellflower had an average of 18 days on market in Jun 2024, down by 35.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in Bellflower; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.