$10,000 Closing Credit*
$998,000
1,562 SqFt
2 Beds
•2 Full Baths, 1 Partial
J.C. Hsu, Listing Office: Coldwell Banker Realty
Is Temple City, 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, Temple City has remained a Seller's Market.
Key Takeaway
Temple City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Temple City, CA
How much do homes in Temple City, CA cost?
Median Sold Price
$1,101,000
$681/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$102,000(+10.2%)
Key Takeaway
Homes in Temple City have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Temple City was $1,101,000 in October 2024, up 10.2% from last year, and the median price per square foot was $681.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $849.9K | $845K | -0.6% |
| 3 Bedrooms | $966.5K | $1.0M | +10.8% |
| 4 Bedrooms | $1.1M | $1.2M | +14.2% |
| 5+ Bedrooms | $2.1M | $2.1M | -3.2% |
Summary: Temple City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| El Monte | $680K | $750K | +10.3% |
| Temple City | $999K | $1.1M | +10.2% |
| Upper San Gabriel Valley | $938.6K | $1.0M | +9.1% |
| Southwest San Gabriel Valley | $827.1K | $900K | +8.8% |
| Arcadia | $1.3M | $1.4M | +2.1% |
Housing Supply in Temple City, CA
How many homes are available in Temple City, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 57 | 55 | -3.5% |
Summary: The Temple City real estate market had 55 homes for sale in October 2024, a 3.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 16 | 11 | -31.3% |
Summary: The Temple City 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 increased by 12.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 31.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Temple City, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Temple City in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 46% were sold under asking, 0% were sold at asking, and 54% were sold over asking.
Days on Market for Temple City, CA
How long does it take to sell a home in Temple City, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 23 Days | -28.3% |
Summary: Homes in Temple City had an average of 23 days on market in Oct 2024, down by 28.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Temple City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Temple City; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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.