Is La Verne, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Verne is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, La Verne has remained a Seller's Market.

Key Takeaway

La Verne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in La Verne, CA cost?

Median Sold Price

$885,000

$501/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$60,000(+7.3%)

Key Takeaway

Homes in La Verne have sold for 7.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $295K$347.5K
+17.8%
2 $454K$430K
-5.3%
3 $780K$830K
+6.4%
4 $899K$999.9K
+11.2%
5+ $935K$1.5M
+60.6%

Median Sold Price Compared To Nearby Cities

Claremont
+14.3%
Pomona
+11.9%
East San Gabriel Valley
+10.4%
La Verne
+7.3%
San Dimas
+5.3%

How many homes are available in La Verne, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
6746-31.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 10
-100.0%
2 107
-30.0%
3 2519
-24.0%
4 2615
-42.3%
5+ 55
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
259-64.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Verne, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
13 Days31 Days+131.5%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Verne are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About La Verne, CA

La Verne, CA has 46 homes on the market. Between October 2022 and November 2022, La Verne, CA real estate market has seen decrease in the number of listings by 31.3%. Listings spent 31 days on the market in November 2022, and had a median list price of $885,000 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 17.8%, 2 bedrooms properties became 5.3% more cheaper, 3 bedrooms properties prices increased by 6.4%, the cost of 4 bedrooms properties went up by 11.2%, prices of 5 bedrooms properties increased by 60.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 100% less available, the quantity of 2 bedrooms homes went down by 30%, the quantity of 3 bedrooms homes went down by 24%, volume of 4 bedrooms homes went down by 42.3%, volume of 5 bedrooms homes stayed the same. In November 2022, from all listings sold in La Verne, CA there were more than 2 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price.

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