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

$771,500

$590/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$59,250(+8.3%)

Key Takeaway

Homes in Duarte have sold for 8.3% more than they did a month ago.

Summary: The median home sold price in Duarte was $771,500 in October 2024, up 8.3% from last month, and the median price per square foot was $590.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $634K$752.5K
+18.7%
3 $755K$771K
+2.1%
4 $1.3M$830.5K
-38.6%
5+ --
N/A

Summary: Duarte housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 38.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Duarte
+8.3%
Bradbury
-3.4%

Housing Supply in Duarte, CA

How many homes are available in Duarte, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4243+2.4%

Summary: The Duarte real estate market had 43 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 1818
0.0%
4 912
+33.3%
5+ 01
+100.0%

Summary: The Duarte 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 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. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Duarte in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Sep 2024Oct 2024CHANGE
30 Days27 Days-11.1%

Summary: Homes in Duarte had an average of 27 days on market in Oct 2024, down by 11.1% compared to last month.

Breakdown of Home Sale Times

7 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 Duarte are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Duarte; 70% of homes were sold within 30 days, 30% 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 Duarte, CA

Nearby Markets to Duarte, CA

What housing markets are near Duarte, CA?