Is Hacienda Heights, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hacienda Heights is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Hacienda Heights, CA

How much do homes in Hacienda Heights, CA cost?

Median Sold Price

$955,000

$529/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$86,542(+10.0%)

Key Takeaway

Homes in Hacienda Heights have sold for 10% more than they did a year ago.

Summary: The median home sold price in Hacienda Heights was $955,000 in November 2024, up 10% from last year, and the median price per square foot was $529.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $407.5K$395K
-3.1%
2 $545K$546.5K
0.3%
3 $730K$774.8K
+6.1%
4 $970K$1.0M
+11.1%
5+ $1.1M$1.3M
+16.1%

Summary: Hacienda Heights housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16.1%.

Median Sold Price Compared To Nearby Neighborhoods

Hacienda Heights
+10.0%
Rowland Heights
+9.3%
The San Gabriel Valley
+7.6%
North Whittier
-0.8%

Housing Supply in Hacienda Heights, CA

How many homes are available in Hacienda Heights, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127115-9.4%

Summary: The Hacienda Heights real estate market had 115 homes for sale in November 2024, a 9.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1313
0.0%
3 4442
-4.5%
4 4736
-23.4%
5+ 2223
+4.5%

Summary: The Hacienda Heights 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 remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes increased by 4.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2930+3.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hacienda Heights, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Hacienda Heights in November 2024, up by 3.4% month-over-month. Of the 30 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Hacienda Heights, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days27 Days-18.8%

Summary: Homes in Hacienda Heights had an average of 27 days on market in Nov 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 30 homes were sold in Hacienda Heights; 83% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

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