Is La Puente, 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 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
$700,000
$541/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in La Puente was $700,000 in March 2024, up 4.2% from last year, and the median price per square foot was $541.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278K | $260K | -6.5% |
2 Bedrooms | $537.5K | $570K | +6.0% |
3 Bedrooms | $650K | $685K | +5.4% |
4 Bedrooms | $700K | $731.5K | +4.5% |
5+ Bedrooms | $710K | $730K | +2.8% |
Summary: La Puente housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
La Puente | $672K | $700K | +4.2% |
West Covina | $771.5K | $795K | +3.0% |
East San Gabriel Valley | $750K | $770.7K | +2.8% |
Housing Supply in La Puente, CA
How many homes are available in La Puente, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
76 | 79 | +3.9% |
Summary: The La Puente real estate market had 79 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 39 | 37 | -5.1% |
4 Bedrooms | 24 | 29 | +20.8% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The La Puente 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 14.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 28 | +47.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in La Puente in March 2024, up by 47.4% month-over-month. Of the 28 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 31 Days | +2.0% |
Summary: Homes in La Puente had an average of 31 days on market in Mar 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in La Puente; 82% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.