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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glendora is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Glendora, CA

How much do homes in Glendora, CA cost?

Median Sold Price

$839,000

$532/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$1,000(-0.1%)

Key Takeaway

The sold price of homes in Glendora has remained the same since last year.

Summary: The median home sold price in Glendora was $839,000 in April 2024, down 0.1% from last year, and the median price per square foot was $532.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $831.9K$733.5K
-11.8%
2 $615K$652K
+6.0%
3 $787K$785K
-0.3%
4 $925K$975K
+5.4%
5+ $1.3M$1.5M
+13.6%

Summary: Glendora housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 13.6%.

Median Sold Price Compared To Nearby Cities

San Dimas
+3.6%
East San Gabriel Valley
+3.6%
Azusa
+3.1%
Glendora
-0.1%
Covina
-0.4%

Housing Supply in Glendora, CA

How many homes are available in Glendora, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
118133+12.7%

Summary: The Glendora real estate market had 133 homes for sale in April 2024, a 12.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 4956
+14.3%
4 3643
+19.4%
5+ 2325
+8.7%

Summary: The Glendora 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 11.1%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2439+62.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendora, you could pay more than the asking price. 76.9% of homes here sold above asking price last month.

Summary: A total of 39 homes were sold or pending in Glendora in April 2024, up by 62.5% month-over-month. Of the 39 sold homes, 10% were sold under asking, 13% were sold at asking, and 77% were sold over asking.

Days on Market for Glendora, CA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days21 Days-28.3%

Summary: Homes in Glendora had an average of 21 days on market in Apr 2024, down by 28.3% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 39 homes were sold in Glendora; 85% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% 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 14 Days Ago

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