$1,377,000
Johnny Lam, Listing Office: Treeline Realty & Investment
September 2024
Report Updated 30 Days Ago
Is El Monte, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, El Monte has remained a Seller's Market.
How much do homes in El Monte, CA cost?
$730,000
$500/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
Summary: The median home sold price in El Monte was $730,000 in September 2024, down 6.8% from last month, and the median price per square foot was $500.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $825K | - | N/A |
2 Bedrooms | $550K | $685K | +24.5% |
3 Bedrooms | $858K | $730K | -14.9% |
4 Bedrooms | $685K | $787.5K | +15.0% |
5+ Bedrooms | $1.7M | $730K | -57.9% |
Summary: El Monte housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 57.9%.
How many homes are available in El Monte, CA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
69 | 75 | +8.7% |
Summary: The El Monte real estate market had 75 homes for sale in September 2024, a 8.7% increase compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 18 | 24 | +33.3% |
3 Bedrooms | 31 | 32 | +3.2% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The El Monte housing inventory by bedroom type for September 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 3.2%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 33.3%.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in El Monte in September 2024, up by 21.4% month-over-month. Of the 17 sold homes, 18% were sold under asking, 6% were sold at asking, and 76% were sold over asking.
How long does it take to sell a home in El Monte, CA?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
12 Days | 20 Days | +60.6% |
Summary: Homes in El Monte had an average of 20 days on market in Sep 2024, up by 60.6% compared to last month.
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During September 2024, 17 homes were sold in El Monte; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from California Regional MLS for the period 08/01/2024 - 10/01/2024
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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