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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duarte is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Duarte has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Duarte, CA

How much do homes in Duarte, CA cost?

Median Sold Price

$750,000

$533/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$22,000(-2.8%)

Key Takeaway

Homes in Duarte have sold for 2.8% less than they did a month ago.

Summary: The median home sold price in Duarte was $750,000 in November 2024, down 2.8% from last month, and the median price per square foot was $533.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $752.5K$565K
-24.9%
3 $771K$775K
0.5%
4 $889K$1.1M
+31.0%
5+ --
N/A

Summary: Duarte housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.9%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 31%, and 5+ bedroom homes did not change.

Housing Supply in Duarte, CA

How many homes are available in Duarte, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4140-2.4%

Summary: The Duarte real estate market had 40 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 1714
-17.6%
4 1111
0.0%
5+ 12
+100.0%

Summary: The Duarte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 9 homes were sold or pending in Duarte in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.

Days on Market for Duarte, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
27 Days43 Days+57.5%

Summary: Homes in Duarte had an average of 43 days on market in Nov 2024, up by 57.5% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Duarte; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 22 Days Ago

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