Is Artesia, 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, Artesia has remained a Seller's Market.
Housing Prices in Artesia, CA
How much do homes in Artesia, CA cost?
Median Sold Price
$775,000
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Artesia was $775,000 in April 2024, up 18% from last year, and the median price per square foot was $539.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $397.5K | +22.3% |
2 Bedrooms | $495K | $545K | +10.1% |
3 Bedrooms | $727.5K | $770K | +5.8% |
4 Bedrooms | $856.5K | $893K | +4.3% |
5+ Bedrooms | $1.0M | $1.5M | +53.0% |
Summary: Artesia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 53%.
Median Sold Price Compared To Nearby Cities
Artesia | $656.9K | $775K | +18.0% |
Cerritos | $946.6K | $1.0M | +8.8% |
Downey-Norwalk | $720.1K | $755K | +4.8% |
Norwalk | $675K | $700K | +3.7% |
Housing Supply in Artesia, CA
How many homes are available in Artesia, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Summary: The Artesia real estate market had 22 homes for sale in April 2024, a 4.3% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 11 | 6 | -45.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Artesia 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 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Artesia in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Artesia, CA
How long does it take to sell a home in Artesia, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 33 Days | -1.2% |
Summary: Homes in Artesia had an average of 33 days on market in Apr 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
3 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, 5 homes were sold in Artesia; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.