New - 16 hours on Rocket
$10,000 Closing Credit¹
Ming Chan, Listing Office: Fairview Realty & Management
Upper San Gabriel Valley Housing Market Report December 2024•Los Angeles County, California
Housing Prices in Upper San Gabriel Valley, CA
How much do homes in Upper San Gabriel Valley, CA cost?
Housing Market Conditions
Is Upper San Gabriel Valley, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Upper San Gabriel Valley is a Seller's Market
Difference Since December 2023
Since last year, Upper San Gabriel Valley has remained a Seller's Market.
Insight
Upper San Gabriel Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$1,029,500$651/SqFt
+$74,149
+7.8%
Based on all homes sold in the last 12 months
Insight
Homes in Upper San Gabriel Valley have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Upper San Gabriel Valley was $1,029,500 in December 2024, up 7.8% from last year, and the median price per square foot was $651.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Temple City | $1.0M | $1.1M | +11.3% |
| Upper San Gabriel Valley | $955.3K | $1.0M | +7.8% |
| Arcadia | $1.3M | $1.4M | +3.0% |
| Monrovia | $932.5K | $957.5K | +2.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $520K | $559.5K | +7.6% |
| 22 Bedrooms | $710K | $742K | +4.5% |
| 33 Bedrooms | $920K | $999.6K | +8.7% |
| 44 Bedrooms | $1.2M | $1.3M | +6.0% |
| 55+ Bedrooms | $2.3M | $2.5M | +5.5% |
Summary: Upper San Gabriel Valley housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +7.6%. The home price for 2 bedroom homes increased by +4.5%. The home price for 3 bedroom homes increased by +8.7%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes increased by +5.5%.
Housing supply in Upper San Gabriel Valley, CA
How many homes are available in Upper San Gabriel Valley, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 408Last MonthDec 2024 | ||
| 4622 months agoNov 2024 | -11.7 % Change MoMNov – Dec |
Summary: The Upper San Gabriel Valley real estate market had 408 homes for sale in Dec 2024, a 11.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 111Last MonthDec 2024 | ||
| 1092 months agoNov 2024 | +1.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 7 | -12.5% |
| 22 Bedrooms | 74 | 62 | -16.2% |
| 33 Bedrooms | 191 | 174 | -8.9% |
| 44 Bedrooms | 110 | 91 | -17.3% |
| 55+ Bedrooms | 79 | 74 | -6.3% |
Summary: Upper San Gabriel Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -12.5%. The inventory for 2 bedroom homes decreased by -16.2%. The inventory for 3 bedroom homes decreased by -8.9%. The inventory for 4 bedroom homes decreased by -17.3%. The inventory for 5 bedroom homes decreased by -6.3%.
Asking Price vs. Sold Price
How much do homes in Upper San Gabriel Valley, CA cost?
Over Asking Price52 Homes
At Asking Price8 Homes
Under Asking Price51 Homes
Insight
If you're buying a home in Upper San Gabriel Valley, you could pay more than the asking price. 46.8% of homes here sold above asking price last month.
Summary: A total of 111 homes were sold or pending in Upper San Gabriel Valley in December 2024, up by 1.8% month-over-month. Of the 111 sold homes, 46% were sold under asking, 7% were sold at asking, and and 47% were sold over asking.
Days on Market for Upper San Gabriel Valley, CA
How long does it take to sell a home in Upper San Gabriel Valley, CA?
Breakdown of Home Sale Times
Under 30 Days72 Homes
30 – 90 Days31 Homes
Over 90 Days8 Homes
Insight
Many homes in Upper San Gabriel Valley are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 111 homes were sold in Upper San Gabriel Valley; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearDec 2024 | ||
| 34 Days1 year agoDec 2023 | -8.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Upper San Gabriel Valley had an average listing age of 31 days in Dec 2024, down by 8.6% compared to the previous year.
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Newest Listings in Upper San Gabriel Valley, CA
What homes are available in Upper San Gabriel Valley, CA?
New - 19 hours on Rocket
Tomer Fridman, Listing Office: Christie's International Real Estate SoCal
New - 21 hours on Rocket
$9,488 Closing Credit¹
Joel Camacho, Listing Office: RE/MAX TOP PRODUCERS
New - 21 hours on Rocket
$9,488 Closing Credit¹
Joel Camacho, Listing Office: RE/MAX TOP PRODUCERS
New - 21 hours on Rocket
$10,000 Closing Credit¹
Minoy Lee, Listing Office: Coldwell Banker Realty
New - 22 hours on Rocket
$10,000 Closing Credit¹
Ming Chan, Listing Office: Fairview Realty & Management
New - 22 hours on Rocket
GUANGRONG ZUO, Listing Office: RE/MAX PREMIER/ARCADIA
New - 22 hours on Rocket
$10,000 Closing Credit¹
Ming Chan, Listing Office: Fairview Realty & Management
New - 22 hours on Rocket
$10,000 Closing Credit¹
Victor Mansour, Listing Office: Coldwell Banker Realty
New - 22 hours on Rocket
$10,000 Closing Credit¹
Ming Chan, Listing Office: Fairview Realty & Management
New - 1 day on Rocket
$10,000 Closing Credit¹
JASON WEI, Listing Office: RE/MAX PREMIER/ARCADIA
New - 1 day on Rocket
$10,000 Closing Credit¹
Chris Dickey, Listing Office: Coldwell Banker Realty
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 01/01/2023 - 01/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.