Is La Puente, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, La Puente has remained a Seller's Market.
Housing Prices in La Puente, CA
How much do homes in La Puente, CA cost?
Median Sold Price
$710,500
$551/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in La Puente was $710,500 in June 2024, up 7.2% from last year, and the median price per square foot was $551.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $272.7K | $260K | -4.7% |
2 Bedrooms | $530K | $591K | +11.5% |
3 Bedrooms | $637.5K | $700K | +9.8% |
4 Bedrooms | $700K | $745K | +6.4% |
5+ Bedrooms | $710K | $733.3K | +3.3% |
Summary: La Puente housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 3.3%.
Median Sold Price Compared To Nearby Cities
West Covina | $750K | $820K | +9.3% |
La Puente | $663K | $710.5K | +7.2% |
East San Gabriel Valley | $739.9K | $788.9K | +6.6% |
Housing Supply in La Puente, CA
How many homes are available in La Puente, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
105 | 104 | -1.0% |
Summary: The La Puente real estate market had 104 homes for sale in June 2024, a 1.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 55 | 48 | -12.7% |
4 Bedrooms | 38 | 34 | -10.5% |
5+ Bedrooms | 7 | 14 | +100.0% |
Summary: The La Puente 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 75%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in La Puente in June 2024, down by 18.2% month-over-month. Of the 27 sold homes, 19% were sold under asking, 19% were sold at asking, and 63% were sold over asking.
Days on Market for La Puente, CA
How long does it take to sell a home in La Puente, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
34 Days | 17 Days | -48.2% |
Summary: Homes in La Puente had an average of 17 days on market in Jun 2024, down by 48.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in La Puente; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.