Is Monrovia, CA 91016 a buyer’s or seller’s market?
Monrovia is a seller’s market. With about 3.3 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.3Under 4 months = seller’s market
Sold above original list34.8%Share of sales, last 3 months
Median sale-to-list100.9%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$663▼ −1.2% vs. last year
Run the numbers for 91016
Nearby markets
Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology