Is La Puente, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, La Puente has remained a Seller's Market.
Housing Prices in La Puente, CA
How much do homes in La Puente, CA cost?
Median Sold Price
$700,400
$542/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Puente was $700,400 in April 2024, up 4.5% from last year, and the median price per square foot was $542.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278K | $260K | -6.5% |
2 Bedrooms | $530K | $571K | +7.7% |
3 Bedrooms | $650K | $693K | +6.6% |
4 Bedrooms | $700K | $740K | +5.7% |
5+ Bedrooms | $710K | $740K | +4.2% |
Summary: La Puente housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
West Covina | $762.7K | $799.1K | +4.8% |
La Puente | $670.5K | $700.4K | +4.5% |
East San Gabriel Valley | $748K | $774.8K | +3.6% |
Housing Supply in La Puente, CA
How many homes are available in La Puente, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 95 | +13.1% |
Summary: The La Puente real estate market had 95 homes for sale in April 2024, a 13.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 43 | 51 | +18.6% |
4 Bedrooms | 30 | 35 | +16.7% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The La Puente housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 22 | -24.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in La Puente in April 2024, down by 24.1% month-over-month. Of the 22 sold homes, 23% were sold under asking, 18% were sold at asking, and 59% were sold over asking.
Days on Market for La Puente, CA
How long does it take to sell a home in La Puente, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 21 Days | -22.7% |
Summary: Homes in La Puente had an average of 21 days on market in Apr 2024, down by 22.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in La Puente; 86% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.