Is Diamond Bar, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Diamond Bar is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Diamond Bar, CA

How much do homes in Diamond Bar, CA cost?

Median Sold Price

$952,666

$547/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$72,666(+8.3%)

Key Takeaway

Homes in Diamond Bar have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Diamond Bar was $952,666 in October 2024, up 8.3% from last year, and the median price per square foot was $547.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $385K$378.5K
-1.7%
2 $525K$530K
+1.0%
3 $800K$863K
+7.9%
4 $1.0M$1.1M
+14.7%
5+ $1.4M$1.5M
+8.4%

Summary: Diamond Bar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Chino Hills
+9.3%
Diamond Bar
+8.3%
Pomona
+8.3%
East San Gabriel Valley
+7.0%

Housing Supply in Diamond Bar, CA

How many homes are available in Diamond Bar, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
172159-7.6%

Summary: The Diamond Bar real estate market had 159 homes for sale in October 2024, a 7.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 3029
-3.3%
3 4744
-6.4%
4 4639
-15.2%
5+ 4341
-4.7%

Summary: The Diamond Bar 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 decreased by 3.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3640+11.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Diamond Bar, you may be able to get a good deal. 47.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Diamond Bar in October 2024, up by 11.1% month-over-month. Of the 40 sold homes, 48% were sold under asking, 13% were sold at asking, and 40% 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

Oct 2023Oct 2024CHANGE
26 Days23 Days-10.8%

Summary: Homes in Diamond Bar had an average of 23 days on market in Oct 2024, down by 10.8% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 40 homes were sold in Diamond Bar; 75% of homes were sold within 30 days, 25% 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 16 Days Ago

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