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

Monrovia Inventory February 2010

Single Family Residence Dec-09 Jan-10 Feb-10
New Listings 15 28 17
Total Listings 48 62 58
Sales Pending 18 24 24
Homes Sold 20 16 20
Listings Expired 8 4 3
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
New Listings 3 5 2
Total Listings 11 10 9
Sales Pending 3 4 1
Homes Sold 14 3 2
Listings Expired 2 0 1
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

Pasadena, California

Email Irina

(626)629-VIEW (8439)