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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Azusa is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Azusa, CA

How much do homes in Azusa, CA cost?

Median Sold Price

$705,166

$503/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$41,041(+6.2%)

Key Takeaway

Homes in Azusa have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Azusa was $705,166 in October 2024, up 6.2% from last year, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $467.5K$485K
+3.7%
2 $520K$535K
+2.9%
3 $650K$685K
+5.4%
4 $760K$835K
+9.9%
5+ $1.1M$1.3M
+22.4%

Summary: Azusa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 22.4%.

Median Sold Price Compared To Nearby Cities

Azusa
+6.2%
Covina
+4.1%
Glendora
+3.7%

Housing Supply in Azusa, CA

How many homes are available in Azusa, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9492-2.1%

Summary: The Azusa real estate market had 92 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 2727
0.0%
3 3836
-5.3%
4 2120
-4.8%
5+ 67
+16.7%

Summary: The Azusa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Azusa, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Azusa in October 2024, down by 25.0% month-over-month. Of the 18 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.

Days on Market for Azusa, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days17 Days-50.8%

Summary: Homes in Azusa had an average of 17 days on market in Oct 2024, down by 50.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 18 homes were sold in Azusa; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Azusa, CA

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