Is West Whittier-Los Nietos, 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, West Whittier-Los Nietos has remained a Seller's Market.
Housing Prices in West Whittier-Los Nietos, CA
How much do homes in West Whittier-Los Nietos, CA cost?
Median Sold Price
$746,500
$568/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Whittier-Los Nietos was $746,500 in April 2024, up 6.6% from last year, and the median price per square foot was $568.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $510K | $680K | +33.3% |
2 Bedrooms | $648.1K | $663.7K | +2.4% |
3 Bedrooms | $710K | $746.5K | +5.1% |
4 Bedrooms | $726.7K | $772.5K | +6.3% |
5+ Bedrooms | $750K | $790K | +5.3% |
Summary: West Whittier-Los Nietos housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Neighborhoods
West Whittier-Los Nietos | $700K | $746.5K | +6.6% |
The San Gabriel Valley | $814K | $850.1K | +4.4% |
The Southeast | $689.9K | $720K | +4.3% |
North Whittier | $700K | $717.5K | +2.5% |
Housing Supply in West Whittier-Los Nietos, CA
How many homes are available in West Whittier-Los Nietos, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The West Whittier-Los Nietos real estate market had 24 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The West Whittier-Los Nietos 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 decreased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in West Whittier-Los Nietos in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for West Whittier-Los Nietos, CA
How long does it take to sell a home in West Whittier-Los Nietos, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 13 Days | -52.0% |
Summary: Homes in West Whittier-Los Nietos had an average of 13 days on market in Apr 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in West Whittier-Los Nietos; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.