$2,550,000
5,423 SqFt
11 Beds
•6 Baths
Shant Sherbetdjian, Listing Office: Remax Commercial and Investment Realty
Is Rosemead, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 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
$1,100,000
$569/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$210,000(+23.6%)
Key Takeaway
Homes in Rosemead have sold for 23.6% more than they did a month ago.
Summary: The median home sold price in Rosemead was $1,100,000 in November 2024, up 23.6% from last month, and the median price per square foot was $569.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $970K | $910K | -6.2% |
| 3 Bedrooms | $880K | $1.0M | +19.3% |
| 4 Bedrooms | $850K | $1.2M | +42.4% |
| 5+ Bedrooms | $980K | $1.9M | +97.8% |
Summary: Rosemead 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 6.2%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes increased by 97.8%.
Median Sold Price Compared To Nearby Cities
| Rosemead | $890K | $1.1M | +23.6% |
| El Monte | $727.5K | $717.5K | -1.4% |
Housing Supply in Rosemead, CA
How many homes are available in Rosemead, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 43 | -15.7% |
Summary: The Rosemead real estate market had 43 homes for sale in November 2024, a 15.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 13 | 8 | -38.5% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Rosemead 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 20%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rosemead, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Rosemead in November 2024, down by 31.6% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 24 Days | +27.0% |
Summary: Homes in Rosemead had an average of 24 days on market in Nov 2024, up by 27% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 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 November 2024, 13 homes were sold in Rosemead; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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.