Is San Dimas, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Dimas is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, San Dimas has remained a Seller's Market.

Key Takeaway

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

Housing Prices in San Dimas, CA

How much do homes in San Dimas, CA cost?

Median Sold Price

$883,000

$525/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$33,000(+3.9%)

Key Takeaway

Homes in San Dimas have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in San Dimas was $883,000 in October 2024, up 3.9% from last year, and the median price per square foot was $525.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $680K$620K
-8.8%
2 $598.5K$619.9K
+3.6%
3 $750K$805K
+7.3%
4 $974.5K$980K
+0.6%
5+ $1.2M$1.2M
+7.5%

Summary: San Dimas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 7.5%.

Median Sold Price Compared To Nearby Cities

Pomona
+8.3%
La Verne
+4.9%
Covina
+4.1%
San Dimas
+3.9%
Glendora
+3.7%

Housing Supply in San Dimas, CA

How many homes are available in San Dimas, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9189-2.2%

Summary: The San Dimas real estate market had 89 homes for sale in October 2024, a 2.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 4035
-12.5%
4 2828
0.0%
5+ 912
+33.3%

Summary: The San Dimas 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2029+45.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Dimas, you could pay more than the asking price. 55.2% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in San Dimas in October 2024, up by 45.0% month-over-month. Of the 29 sold homes, 38% were sold under asking, 7% were sold at asking, and 55% were sold over asking.

Days on Market for San Dimas, CA

How long does it take to sell a home in San Dimas, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days24 Days-10.1%

Summary: Homes in San Dimas had an average of 24 days on market in Oct 2024, down by 10.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 29 homes were sold in San Dimas; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

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