Is Movie Colony East, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Movie Colony East is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Movie Colony East was a Seller's Market.

Key Takeaway

Movie Colony East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Movie Colony East, CA

How much do homes in Movie Colony East, CA cost?

Median Sold Price

$1,200,000

$615/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$50,000(+4.3%)

Key Takeaway

Homes in Movie Colony East have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Movie Colony East was $1,200,000 in September 2024, up 4.3% from last year, and the median price per square foot was $615.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $995K$640K
-35.7%
3 $1.1M$1.2M
+11.4%
4 $1.4M$1.1M
-19.0%
5+ $2.1M$4.0M
+87.3%

Summary: Movie Colony East housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 87.3%.

Median Sold Price Compared To Nearby Neighborhoods

Sunrise Vista Chino
+14.7%
Sunrise Park
+6.6%
Movie Colony East
+4.3%

Housing Supply in Movie Colony East, CA

How many homes are available in Movie Colony East, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1615-6.3%

Summary: The Movie Colony East real estate market had 15 homes for sale in September 2024, a 6.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 86
-25.0%
4 44
0.0%
5+ 11
0.0%

Summary: The Movie Colony East housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Movie Colony East, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Movie Colony East in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Movie Colony East, CA

How long does it take to sell a home in Movie Colony East, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
48 Days59 Days+23.1%

Summary: Homes in Movie Colony East had an average of 59 days on market in Sep 2024, up by 23.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Movie Colony East has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Movie Colony East; 0% of homes were sold within 30 days, 100% 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 22 Days Ago

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