$9,844 Closing Credit*
$829,000
1,039 SqFt
3 Beds
•1 Full Bath
Fernando Reza, Listing Office: KELLER WILLIAMS COVINA
Is Rosemead, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rosemead has remained a Seller's Market.
Key Takeaway
Rosemead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rosemead, CA
How much do homes in Rosemead, CA cost?
Median Sold Price
$894,500
$593/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$94,500(+11.8%)
Key Takeaway
Homes in Rosemead have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Rosemead was $894,500 in October 2024, up 11.8% from last year, and the median price per square foot was $593.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $402.5K | $690K | +71.4% |
| 2 Bedrooms | $680K | $805.5K | +18.5% |
| 3 Bedrooms | $777K | $850K | +9.4% |
| 4 Bedrooms | $919K | $952.8K | +3.7% |
| 5+ Bedrooms | $1.1M | $1.2M | +16.9% |
Summary: Rosemead housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.4%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 16.9%.
Median Sold Price Compared To Nearby Cities
| Rosemead | $800K | $894.5K | +11.8% |
| San Gabriel | $1.0M | $1.1M | +11.6% |
| El Monte | $680K | $750K | +10.3% |
| Southwest San Gabriel Valley | $827.1K | $900K | +8.8% |
Housing Supply in Rosemead, CA
How many homes are available in Rosemead, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 50 | -3.8% |
Summary: The Rosemead real estate market had 50 homes for sale in October 2024, a 3.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Rosemead housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosemead, you could pay more than the asking price. 63.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Rosemead in October 2024, up by 26.7% month-over-month. Of the 19 sold homes, 16% were sold under asking, 21% were sold at asking, and 63% were sold over asking.
Days on Market for Rosemead, CA
How long does it take to sell a home in Rosemead, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 19 Days | -37.0% |
Summary: Homes in Rosemead had an average of 19 days on market in Oct 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rosemead are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Rosemead; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.