Monrovia home sales have remained constant over the last few months. Average price per square foot for single family homes sold has been hovering in the $325/sq. ft. with inventory taking a dip overall from same time last year.
Home buyers in Monrovia have a choice of homes for as little as the low $300,000s to as high as $1,249,000. Only a few condos are available, but these can be picked up under $400,000.
Monrovia is a city just East of Sierra Madre and Pasadena. Lots of nice restaurants and shops can be found on Huntington Drive. Westfield Mall is close enough to provide access to large stores like Nordstrom's and Macy's and a myriad of boutiques, theaters and entertainment.
MORE INFORMATION: See all homes for sale in Monrovia here
|Single Family Residence||Dec-09||Jan-10||Feb-10|
|Average Days on the Market||58||49||51|
|Average Price Per Sq. Ft.||$323||$344||$328|
|Median Selling Price||$455,250||$467,475||$453,900|
|Average Selling Price||$468,970||$522,684||$487,740|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||10.4||16.8||12.6|
|Condos and Townhomes||Dec-09||Jan-10||Feb-10|
|Average Days on the Market||58||45||70|
|Average Price Per Sq. Ft.||$258||$253||$193|
|Median Selling Price||$353,500||$399,000||$240,000|
|Average Selling Price||$331,129||$407,000||$240,000|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||3.4||14.4||19.5|
For more information about Monrovia homes for sale, please do not hesitate to give us a call at 626-629-8439.
PasadenaViews Real Estate Team
Pasadena Real Estate Agents