Is Whittier, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whittier is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Whittier, CA

How much do homes in Whittier, CA cost?

Median Sold Price

$800,000

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$43,229(+5.7%)

Key Takeaway

Homes in Whittier have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Whittier was $800,000 in September 2024, up 5.7% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $424K$425K
0.2%
2 $630K$665K
+5.6%
3 $755K$800K
+6.0%
4 $857.5K$900K
+5.0%
5+ $1.1M$1.2M
+9.7%

Summary: Whittier housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 9.7%.

Median Sold Price Compared To Nearby Cities

La Habra
+9.9%
Pico Rivera
+7.5%
Whittier
+5.7%
La Habra Heights
+4.8%

Housing Supply in Whittier, CA

How many homes are available in Whittier, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
303285-5.9%

Summary: The Whittier real estate market had 285 homes for sale in September 2024, a 5.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 54
-20.0%
2 5347
-11.3%
3 155150
-3.2%
4 6861
-10.3%
5+ 2223
+4.5%

Summary: The Whittier housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
8873-17.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whittier, you could pay more than the asking price. 49.3% of homes here sold above asking price last month.

Summary: A total of 73 homes were sold or pending in Whittier in September 2024, down by 17.0% month-over-month. Of the 73 sold homes, 32% were sold under asking, 19% were sold at asking, and 49% were sold over asking.

Days on Market for Whittier, CA

How long does it take to sell a home in Whittier, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
24 Days28 Days+18.3%

Summary: Homes in Whittier had an average of 28 days on market in Sep 2024, up by 18.3% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 73 homes were sold in Whittier; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

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

Report Updated Sep 1, 2024

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