Monterey Park, CA

Balanced market-3.2% YoY

Housing market overview · Updated weekly

$870,500median sale price

Homes sold

18

Last 12 weeks

Days on market

39

Average pace

Active listings

78

4.3 months supply

Sale-to-list

100.2%

Above asking

The Monterey Park housing market is currently classified as a balanced market with a median sale price of $870,500. Prices have fallen 3.2% compared to last year, with homes spending an average of 39 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Monterey Park

There are currently 78 homes listed for sale in Monterey Park, California. The median listing price is $898K.

Active listings

78

Homes on market

Median list price

$898K

Avg. days on market

39

Days until sale

New this week

23

Newly listed

Price drops:12.8%of listings
Sale-to-list:100.2%

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Frequently asked questions

What is the average home price in Monterey Park?

The median home sale price in Monterey Park is $870,500, down 3.2% from last year.

How long do homes stay on market in Monterey Park?

Homes typically spend 39 days on market before going under contract.

Is Monterey Park a buyer's or seller's market?

With 4.3 months of supply, Monterey Park is currently a balanced market.

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