Is Bellflower, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$748,500
$514/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bellflower was $748,500 in March 2024, up 4.6% from last year, and the median price per square foot was $514.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $675K | $522K | -22.7% |
2 Bedrooms | $602.5K | $577.5K | -4.1% |
3 Bedrooms | $730K | $752K | +3.0% |
4 Bedrooms | $866.5K | $909.5K | +5.0% |
5+ Bedrooms | $910.5K | $1.0M | +15.3% |
Summary: Bellflower housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.7%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 15.3%.
Median Sold Price Compared To Nearby Cities
Cerritos | $950.7K | $1.0M | +5.6% |
Bellflower | $715.5K | $748.5K | +4.6% |
Downey-Norwalk | $725K | $750K | +3.4% |
Norwalk | $675K | $695K | +3.0% |
Housing Supply in Bellflower, CA
How many homes are available in Bellflower, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 40 | -11.1% |
Summary: The Bellflower real estate market had 40 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 7 | 2 | -71.4% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Bellflower housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 71.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Bellflower in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 20% were sold under asking, 13% were sold at asking, and 67% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 18 Days | -46.8% |
Summary: Homes in Bellflower had an average of 18 days on market in Mar 2024, down by 46.8% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Bellflower; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.