Is Mount Washington, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mount Washington has remained a Seller's Market.
Housing Prices in Mount Washington, CA
How much do homes in Mount Washington, CA cost?
Median Sold Price
$1,202,500
$900/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mount Washington was $1,202,500 in April 2024, down 5.6% from last year, and the median price per square foot was $900.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $810K | $700K | -13.6% |
2 Bedrooms | $1.0M | $1.1M | +5.6% |
3 Bedrooms | $1.3M | $1.2M | -6.0% |
4 Bedrooms | $1.5M | $1.6M | +9.4% |
5+ Bedrooms | $1.5M | $1.3M | -15.2% |
Summary: Mount Washington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.6%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 15.2%.
Median Sold Price Compared To Nearby Neighborhoods
Glassell Park | $1.1M | $1.1M | +1.7% |
Highland Park | $1.1M | $1.1M | +0.9% |
Northeast LA | $1.1M | $1.1M | -2.1% |
Mount Washington | $1.2M | $1.2M | -5.6% |
Cypress Park | $992.5K | $917.5K | -7.6% |
Housing Supply in Mount Washington, CA
How many homes are available in Mount Washington, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 27 | +8.0% |
Summary: The Mount Washington real estate market had 27 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mount Washington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mount Washington in April 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Mount Washington, CA
How long does it take to sell a home in Mount Washington, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 34 Days | +133.7% |
Summary: Homes in Mount Washington had an average of 34 days on market in Apr 2024, up by 133.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Mount Washington; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.