Is Duarte, 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, Duarte has remained a Seller's Market.
Housing Prices in Duarte, CA
How much do homes in Duarte, CA cost?
Median Sold Price
$742,500
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Duarte was $742,500 in February 2024, up 1.7% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $775K | N/A |
2 Bedrooms | $613K | $640K | +4.4% |
3 Bedrooms | $740K | $740K | 0.0% |
4 Bedrooms | $920K | $870K | -5.4% |
5+ Bedrooms | $1.1M | $920K | -18.2% |
Summary: Duarte housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 18.2%.
Housing Supply in Duarte, CA
How many homes are available in Duarte, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The Duarte real estate market had 33 homes for sale in February 2024, a 3.1% 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 | 8 | 7 | -12.5% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Duarte 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 decreased by 12.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Duarte in February 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
17 Days | 9 Days | -44.5% |
Summary: Homes in Duarte had an average of 9 days on market in Feb 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Duarte; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.