Is Duarte, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Duarte was a Neutral Market.
Housing Prices in Duarte, CA
How much do homes in Duarte, CA cost?
Median Sold Price
$750,000
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Duarte was $750,000 in June 2024, up 4.5% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $775K | - | N/A |
2 Bedrooms | $535K | $642.5K | +20.1% |
3 Bedrooms | $730K | $760K | +4.1% |
4 Bedrooms | $850K | $915K | +7.6% |
5+ Bedrooms | $1.3M | $920K | -29.2% |
Summary: Duarte housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 29.2%.
Housing Supply in Duarte, CA
How many homes are available in Duarte, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
40 | 53 | +32.5% |
Summary: The Duarte real estate market had 53 homes for sale in June 2024, a 32.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 16 | +33.3% |
3 Bedrooms | 17 | 24 | +41.2% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Duarte housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 41.2%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Duarte in June 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 0% were sold at asking, and 73% were sold over asking.
Days on Market for Duarte, CA
How long does it take to sell a home in Duarte, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
12 Days | 14 Days | +16.2% |
Summary: Homes in Duarte had an average of 14 days on market in Jun 2024, up by 16.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in Duarte; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.