Market Report and Real Estate Trends for Montebello

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The area of Montebello was originally home to the Tongva, Native Americans. Because the language of the Tongva was different from the neighboring tribes it was called "Gabrielino" by the Spanish, who arrived in 1542. By 1870, the area had few remaining indigenous inhabitants as disease brought by the increasing numbers Europeans arriving and settling, killed many of the Tongva.

Originally an agricultural community, Montebello was formerly known for its production of flowers, berries, fruits, and vegetables. The city was incorporated in 1920, and its name officially changed from “Newark” to "Montebello", meaning beautiful mountain in Spanish. The city's official seal contains a red poinsettia in the center, in honor of Montebello's agricultural roots.

In 1917, The Standard Oil Company discovered oil in the Montebello hills, which changed the look of the city. Hills full of agriculture became oil fields. Over the next years, the hills were filled with producing oil wells. Eventually, the oil taken from the soil in Montebello would produce one-eighth of the unrefined oil in California.

Located in the southwestern area of the San Gabriel Valley, 8 miles east of downtown Los Angeles, Montebello has an estimated population of 63,192, per US Census 2017. The median income in 2017 was $50,312. 

Welcome to our new Market Report for Montebello California.  This page display a condensed view of active, under contract, and sold home listings. Aggregate data - averages such as list price and days on market - are also displayed for each section. A market report represents a moment-in-time snapshot of the market.  It is updated daily and goes back 30 days. Bookmark this page for the freshest real estate data and trends available directly from the Multiple Listing Service (MLS).

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Active Properties: Homes that are currently being marketed for sale but do not have a purchase agreement.

  • Days on Market (DOM): Number of days the property has been on the market.
  • List Price: The price that a home seller is currently asking.

LEARN MORE:  How to Buy a House

Properties Under Contract (Pending and Back Up Status): Listings for which a contract has been signed and the property is in escrow.  These homes can be looking for back up offers or all the contingencies have been removed by the buyer making it a very solid transaction. The actual contract price does not become public record until the property has sold and the new owner information has been recorded.

  • Days on Market (DOM): The marketing period of the property before a sales agreement was signed.

LEARN MORE: What are the expected closing costs when buying a home?

Sold Properties: Properties that have closed in the last 30 Days.

  • Sold Price: The price for which a property sold.
Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
892 Perry Avenue 3 2 1,531 $572,500 $373 4 days
637 S Taylor Avenue 5 3 2,357 $659,000 $279 3 days
322 S Bluff Road N/A N/A N/A $1,595,000 Unknown 13 days
816 E Avenida De La Merced 4 2 1,620 $690,000 $425 6 days
313 N 12th Street 3 1 1,306 $618,000 $473 6 days
1000 Michelle Court 3 3 1,875 $507,000 $270 6 days
237 N 7TH Street N/A N/A 2,783 $840,000 $301 9 days
2320 W Repetto Avenue 3 2 1,407 $630,000 $447 11 days
505 N 19th Street N/A N/A 3,840 $1,395,000 $363 10 days
856 S Greenwood Avenue 3 2 1,073 $524,500 $488 10 days
320 Concourse Avenue 2 1 936 $485,000 $518 5 days
1725 W Olympic Boulevard N/A N/A N/A $639,000 Unknown 13 days
322 S Bluff Road N/A N/A 100 $1,595,000 $15,950 13 days
1204 S 5th Street 4 2 1,708 $525,000 $307 16 days
723 W Washington N/A N/A N/A $98,000 Unknown 16 days
1661 NEIL ARMSTRONG Street Unit #125 2 2 947 $325,000 $343 21 days
113 N 21st Street 3 2 1,511 $525,000 $347 20 days
932 Lexington Avenue 4 3 2,445 $879,000 $359 26 days
1013 W Concord Avenue 4 2 1,992 $899,000 $451 20 days
224 S Spruce Street 3 2 1,446 $525,000 $363 22 days
1765 Neil Armstrong Street Unit #207 2 2 929 $349,000 $375 25 days
913 Hibiscus Street 4 2 1,862 $810,000 $435 27 days
232 E Fremont 2 1 744 $428,000 $575 27 days
1630 Neil Armstrong Street Unit #106 2 2 946 $325,000 $343 14 days
1409 W Olympic Boulevard N/A N/A 3,197 $1,300,000 $406 32 days
740 Frankel Avenue Unit #A6 2 2 882 $325,000 $368 38 days
1928 Olympic Boulevard W N/A N/A 3,328 $1,260,000 $378 37 days
1610 Neil Armstrong Street Unit #316 3 2 1,302 $410,000 $314 23 days
853 S 6th Street 3 2 1,746 $530,250 $303 37 days
2608 W Via Corona 3 2 1,403 $568,000 $404 39 days
Average: 3.2 2.3 1,896 $686,709 $583 42 days
Viewing 1 - 30 of 79
Viewing 1 - 30 of 79
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
505 N 19th Street N/A N/A 3,840 $1,395,000 $363 8 days
712 Findlay Avenue 3 2 1,394 $550,000 $394 11 days
129 N 5th Street Unit #E 3 3 1,415 $508,990 $359 12 days
548 Calle Estrella 2 3 1,190 $449,000 $377 5 days
653 S 6th Street 3 2 1,264 $360,000 $284 0 days
1640 Neil Armstrong Street Unit #207 1 1 646 $279,000 $431 13 days
3300 Via San Delarro 4 3 1,594 $650,000 $407 2 days
1032 Carob Way Unit #9 3 3 1,215 $399,000 $328 13 days
525 HAY Street 3 2 1,195 $499,000 $417 16 days
607 N 20th Street 4 3 2,904 $825,000 $284 17 days
2209 Hereford Drive 3 2 1,416 $529,900 $374 13 days
617 N Victoria Avenue 2 1 1,040 $475,000 $456 20 days
773 Leonard Street 4 3 2,126 $512,000 $240 1 day
121 N 5th Street Unit #D 3 4 1,693 $541,990 $320 47 days
117 N 5th Street Unit #A 2 3 1,309 $464,990 $355 14 days
829 S 4th Street 3 2 1,370 $570,000 $416 3 days
2712 Via Paseo N/A N/A 3,889 $1,100,000 $282 13 days
900 W Oakwood Street N/A N/A 2,407 $815,000 $338 24 days
228 N Nelson Place 3 2 1,280 $599,800 $468 10 days
116 N 21st Street 3 2 1,626 $649,000 $399 29 days
809 S 6th Street 3 1 1,197 $520,000 $434 26 days
901 N Wemar Way 3 3 2,581 $758,800 $293 72 days
2216 Hereford Drive 4 2 1,920 $607,000 $316 48 days
1028 S 5th Street 3 2 1,615 $550,000 $340 6 days
216 Casa Grande Avenue 2 3 2,000 $589,900 $294 8 days
140 S 18th Street N/A N/A 1,828 $675,000 $369 93 days
264 E Beverly Boulevard Unit #B 3 3 1,224 $410,000 $334 143 days
3015 W Beverly Boulevard N/A N/A 3,285 $768,800 $234 88 days
1004 N Iguala Street 4 3 2,768 $830,000 $299 207 days
3015 W Beverly Boulevard N/A N/A 3,285 $768,800 $234 119 days
Average: 3.0 2.4 1,946 $621,431 $343 55 days
Viewing 1 - 30 of 34
Viewing 1 - 30 of 34
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
409 N Park Avenue 3 2 1,332 $565,000 $565,000 $424 16 days 8/23/19
1715 Mountain Terrace Lane 3 3 1,585 $435,000 $445,000 $280 22 days 8/23/19
837 Perry Avenue 3 2 1,602 $635,000 $615,000 $383 12 days 8/23/19
1112 N Iguala Street 3 3 2,475 $789,000 $770,000 $311 50 days 8/23/19
317 Mission Road 2 3 1,360 $469,888 $459,900 $338 44 days 8/22/19
712 Katherine Drive 4 3 2,304 $698,969 $710,000 $308 26 days 8/19/19
840 Bradshawe Street 3 2 1,576 $635,000 $615,000 $390 52 days 8/15/19
248 E Beverly Boulevard Unit #C 3 3 1,231 $425,000 $415,000 $337 118 days 8/9/19
2833 Via San Delarro 4 2 1,411 $579,000 $570,000 $403 84 days 8/6/19
217 E Victoria Avenue N/A N/A N/A $419,000 $385,000 Unknown 145 days 8/6/19
1101 Carob Way 3 2 1,285 $479,000 $479,000 $372 1 day 8/5/19
1301 S Greenwood Avenue Unit #44 2 2 829 $322,000 $320,000 $386 45 days 8/5/19
441 N Brady Avenue 3 1 1,121 $525,000 $525,000 $468 56 days 8/2/19
824 Sycamore 3 1 1,238 $509,888 $510,000 $411 13 days 7/31/19
829 Donna Way 3 2 1,430 $597,969 $610,000 $426 11 days 7/30/19
847 W Carmelita Avenue 2 1 1,039 $489,999 $500,000 $481 88 days 7/30/19
624 N 21st Street 3 2 1,656 $649,900 $645,000 $389 14 days 7/29/19
315 S Bluff Road N/A N/A 17,110 $4,730,000 $4,730,000 $276 13 days 7/26/19
1420 W Victoria Avenue 3 2 1,669 $650,000 $643,000 $385 5 days 7/26/19
716 N Lincoln Avenue 3 2 1,317 $549,999 $545,000 $413 15 days 7/26/19
113 N 21st Street 3 2 1,511 $400,000 $360,000 $238 0 days 7/25/19
Average: 2.9 2.1 2,254 $740,695 $734,138 $371 34 days
Viewing 1 - 21 of 21
Viewing 1 - 21 of 21

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.