Is San Dimas, 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, San Dimas has remained a Seller's Market.
Key Takeaway
San Dimas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in San Dimas, CA
How much do homes in San Dimas, CA cost?
Median Sold Price
$875,000
$504/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in San Dimas have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in San Dimas was $875,000 in May 2024, up 2.9% from last year, and the median price per square foot was $504.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $680K | $620K | -8.8% |
| 2 Bedrooms | $619K | $605K | -2.3% |
| 3 Bedrooms | $776K | $772.5K | -0.5% |
| 4 Bedrooms | $948.8K | $1.0M | +6.5% |
| 5+ Bedrooms | $1.2M | $1.1M | -3.2% |
Summary: San Dimas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in San Dimas, CA
How many homes are available in San Dimas, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 71 | 71 | 0.0% |
Summary: The San Dimas real estate market had 71 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 32 | 27 | -15.6% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The San Dimas housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in San Dimas, you could pay more than the asking price. 68% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in San Dimas in May 2024, up by 13.6% month-over-month. Of the 25 sold homes, 8% were sold under asking, 24% were sold at asking, and 68% were sold over asking.
Days on Market for San Dimas, CA
How long does it take to sell a home in San Dimas, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 20 Days | -55.7% |
Summary: Homes in San Dimas had an average of 20 days on market in May 2024, down by 55.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in San Dimas are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in San Dimas; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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.