Is Temple City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Temple City was a Seller's Market.
Housing Prices in Temple City, CA
How much do homes in Temple City, CA cost?
Median Sold Price
$1,080,000
$678/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Temple City was $1,080,000 in June 2024, up 9.2% from last year, and the median price per square foot was $678.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $862.5K | $830K | -3.8% |
3 Bedrooms | $924K | $1.0M | +13.6% |
4 Bedrooms | $1.1M | $1.1M | +1.5% |
5+ Bedrooms | $1.9M | $2.1M | +11.1% |
Summary: Temple City housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
El Monte | $670K | $735K | +9.7% |
Temple City | $988.8K | $1.0M | +9.2% |
Southwest San Gabriel Valley | $812.5K | $880K | +8.3% |
Upper San Gabriel Valley | $932.2K | $999K | +7.2% |
Arcadia | $1.4M | $1.4M | 0.3% |
Housing Supply in Temple City, CA
How many homes are available in Temple City, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
42 | 51 | +21.4% |
Summary: The Temple City real estate market had 51 homes for sale in June 2024, a 21.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 16 | 14 | -12.5% |
5+ Bedrooms | 8 | 14 | +75.0% |
Summary: The Temple City 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 20%, 3 bedroom homes increased by 30.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Temple City in June 2024, down by 20.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Temple City, CA
How long does it take to sell a home in Temple City, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 14 Days | -15.1% |
Summary: Homes in Temple City had an average of 14 days on market in Jun 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Temple City; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.