Is Diamond Bar, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Diamond Bar has remained a Seller's Market.
Housing Prices in Diamond Bar, CA
How much do homes in Diamond Bar, CA cost?
Median Sold Price
$940,000
$528/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Diamond Bar was $940,000 in May 2024, up 6% from last year, and the median price per square foot was $528.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $328K | $378.5K | +15.4% |
2 Bedrooms | $500K | $530K | +6.0% |
3 Bedrooms | $771K | $855K | +10.9% |
4 Bedrooms | $1.0M | $1.1M | +8.3% |
5+ Bedrooms | $1.4M | $1.4M | +2.0% |
Summary: Diamond Bar housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $854.2K | $970K | +13.5% |
Diamond Bar | $886.5K | $940K | +6.0% |
Pomona | $614.2K | $645K | +5.0% |
East San Gabriel Valley | $743.2K | $779.7K | +4.9% |
Housing Supply in Diamond Bar, CA
How many homes are available in Diamond Bar, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
144 | 164 | +13.9% |
Summary: The Diamond Bar real estate market had 164 homes for sale in May 2024, a 13.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 19 | 24 | +26.3% |
3 Bedrooms | 41 | 45 | +9.8% |
4 Bedrooms | 47 | 57 | +21.3% |
5+ Bedrooms | 31 | 33 | +6.5% |
Summary: The Diamond Bar housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 37 | +5.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Diamond Bar in May 2024, up by 5.7% month-over-month. Of the 37 sold homes, 43% were sold under asking, 5% were sold at asking, and 51% were sold over asking.
Days on Market for Diamond Bar, CA
How long does it take to sell a home in Diamond Bar, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 36 Days | +110.2% |
Summary: Homes in Diamond Bar had an average of 36 days on market in May 2024, up by 110.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Diamond Bar; 57% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.