Is Duarte, 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, Duarte has remained a Seller's Market.
Housing Prices in Duarte, CA
How much do homes in Duarte, CA cost?
Median Sold Price
$742,250
$539/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Duarte was $742,250 in April 2024, up 1.7% 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 | - | $775K | N/A |
2 Bedrooms | $615K | $640K | +4.1% |
3 Bedrooms | $740K | $750K | +1.4% |
4 Bedrooms | $850K | $900K | +5.9% |
5+ Bedrooms | $1.1M | $920K | -18.2% |
Summary: Duarte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 18.2%.
Housing Supply in Duarte, CA
How many homes are available in Duarte, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 35 | +2.9% |
Summary: The Duarte real estate market had 35 homes for sale in April 2024, a 2.9% increase 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 | 10 | 9 | -10.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Duarte 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 10%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Duarte in April 2024, down by 30.8% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for Duarte, CA
How long does it take to sell a home in Duarte, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 16 Days | -45.5% |
Summary: Homes in Duarte had an average of 16 days on market in Apr 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Duarte; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.