Is Azusa, 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, Azusa has remained a Seller's Market.
Housing Prices in Azusa, CA
How much do homes in Azusa, CA cost?
Median Sold Price
$669,500
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Azusa was $669,500 in April 2024, up 3.1% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $605K | +51.2% |
2 Bedrooms | $450K | $535K | +18.9% |
3 Bedrooms | $659K | $659K | 0.0% |
4 Bedrooms | $760K | $785K | +3.3% |
5+ Bedrooms | $1.4M | $1.2M | -10.7% |
Summary: Azusa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.2%, 2 bedroom homes increased by 18.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in Azusa, CA
How many homes are available in Azusa, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
71 | 68 | -4.2% |
Summary: The Azusa real estate market had 68 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 29 | 24 | -17.2% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Azusa housing inventory by bedroom type for April 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 decreased by 17.2%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 26 | +30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Azusa in April 2024, up by 30.0% month-over-month. Of the 26 sold homes, 27% were sold under asking, 19% were sold at asking, and 54% were sold over asking.
Days on Market for Azusa, CA
How long does it take to sell a home in Azusa, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 30 Days | +4.2% |
Summary: Homes in Azusa had an average of 30 days on market in Apr 2024, up by 4.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Azusa; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.