Is La Mirada, 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, La Mirada has remained a Seller's Market.
Housing Prices in La Mirada, CA
How much do homes in La Mirada, CA cost?
Median Sold Price
$830,000
$546/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in La Mirada was $830,000 in March 2024, up 2.5% from last year, and the median price per square foot was $546.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $455K | $400K | -12.1% |
2 Bedrooms | $589K | $588.5K | -0.1% |
3 Bedrooms | $800K | $830K | +3.8% |
4 Bedrooms | $860K | $880K | +2.3% |
5+ Bedrooms | $1.1M | $1.0M | -8.2% |
Summary: La Mirada housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Cities
Santa Fe Springs | $700K | $740K | +5.7% |
Fullerton | $881K | $918.2K | +4.2% |
La Habra | $775K | $800K | +3.2% |
Buena Park | $821.1K | $844.2K | +2.8% |
La Mirada | $810K | $830K | +2.5% |
Housing Supply in La Mirada, CA
How many homes are available in La Mirada, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 73 | +4.3% |
Summary: The La Mirada real estate market had 73 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 35 | 35 | 0.0% |
4 Bedrooms | 19 | 23 | +21.1% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The La Mirada housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in La Mirada in March 2024, up by 25.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 28% were sold at asking, and 48% were sold over asking.
Days on Market for La Mirada, CA
How long does it take to sell a home in La Mirada, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 18 Days | -57.2% |
Summary: Homes in La Mirada had an average of 18 days on market in Mar 2024, down by 57.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in La Mirada; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.