Is Rosemead, 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, Rosemead has remained a Seller's Market.
Housing Prices in Rosemead, CA
How much do homes in Rosemead, CA cost?
Median Sold Price
$845,000
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rosemead was $845,000 in March 2024, up 5.6% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $410K | - | N/A |
2 Bedrooms | $680K | $688K | +1.2% |
3 Bedrooms | $780K | $790K | +1.3% |
4 Bedrooms | $919K | $937K | +2.0% |
5+ Bedrooms | $1.0M | $1.2M | +16.5% |
Summary: Rosemead housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Cities
San Gabriel | $950.5K | $1.1M | +19.9% |
Rosemead | $800K | $845K | +5.6% |
Southwest San Gabriel Valley | $825.7K | $850K | +2.9% |
Housing Supply in Rosemead, CA
How many homes are available in Rosemead, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 40 | +37.9% |
Summary: The Rosemead real estate market had 40 homes for sale in March 2024, a 37.9% 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 | 8 | 12 | +50.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Rosemead 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 increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Rosemead in March 2024, up by 100.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Rosemead, CA
How long does it take to sell a home in Rosemead, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 33 Days | -37.1% |
Summary: Homes in Rosemead had an average of 33 days on market in Mar 2024, down by 37.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Rosemead; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.