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
1661 Neil Armstrong Street Unit #266 3 3 1,470 $370,000 $251 3 days
1248 Rio Blanco Street 3 2 1,523 $700,000 $459 8 days
1111 SHEILA Court 4 3 1,947 $549,000 $281 7 days
1844 Rainbow Terrance Lane 2 2 1,303 $428,000 $328 7 days
840 N Taylor Avenue 4 3 2,120 $699,000 $329 8 days
845 S 3rd Street 3 3 1,861 $624,999 $335 12 days
705 N Juarez Street 4 3 2,445 $729,900 $298 9 days
3015 W Beverly Boulevard N/A N/A 3,285 $768,800 $234 11 days
248 E Beverly Boulevard Unit #C 3 3 1,231 $430,000 $349 12 days
840 GARDNER Drive 3 3 1,877 $679,000 $361 11 days
829 S 4th Street 3 2 1,370 $514,900 $375 11 days
316 W Victoria Avenue 3 2 1,242 $519,000 $417 13 days
512 20th Street 3 3 1,225 $429,900 $350 14 days
1750 Mountain Terrace Lane 3 3 1,585 $495,000 $312 14 days
101 W Los Amigos Avenue 6 5 3,867 $1,200,000 $310 14 days
865 N Juarez Street 5 3 2,445 $808,000 $330 15 days
725 S Taylor Avenue 3 1 1,110 $519,000 $467 30 days
204 N Taylor Avenue 4 4 3,109 $688,900 $221 48 days
1249 S Greenwood Avenue N/A N/A 25,320 $7,050,000 $278 18 days
432 Katherine Drive 3 2 1,296 $529,500 $408 16 days
1413 Date Street 3 2 1,092 $465,000 $425 19 days
128 S 2nd Street N/A N/A 4,113 $995,000 $241 10 days
732 N 1st Street 3 3 1,999 $699,900 $350 22 days
616 1/2 N 1st Street Street N N/A N/A 2,182 $660,000 $302 22 days
1405 S 4th Street 3 2 1,580 $559,000 $353 19 days
532 N 19th Street 3 2 1,488 $599,900 $403 4 days
1004 N Iguala Street 4 3 2,768 $878,000 $317 52 days
1113 Calle Montana 2 3 1,264 $475,000 $375 30 days
2437 Repetto Avenue 3 2 1,724 $599,000 $347 31 days
2437 Repetto Avenue N/A N/A N/A $599,000 Unknown 31 days
Average: 3.3 2.5 2,723 $839,899 $355 34 days
Viewing 1 - 30 of 73
Viewing 1 - 30 of 73
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
413 Andruss Place 3 1 1,177 $515,000 $437 7 days
832 Aloe Place 4 4 1,740 $519,000 $298 19 days
716 De Palma Way 4 3 2,154 $689,900 $320 10 days
217 Ridge Terrace Lane Unit #11 2 2 1,174 $355,100 $302 17 days
940 Lilac Lane Unit #14 2 3 1,249 $440,000 $352 13 days
1011 Sheila Court 3 3 1,875 $539,990 $287 18 days
2041 Hereford Drive 3 2 1,423 $529,000 $371 17 days
1661 Neil Armstrong Street Unit #219 1 1 733 $285,000 $388 8 days
518 N 20th Street 2 2 996 $378,000 $379 13 days
1852 Rainbow Terrace Lane 3 2 1,448 $438,000 $302 66 days
805 Perry Avenue 4 2 1,533 $695,000 $453 70 days
724 N 6th Street 4 2 2,043 $722,000 $353 43 days
1701 W BEVERLY N/A N/A 4,904 $1,325,000 $270 87 days
800 Frankel Avenue 3 2 1,301 $519,900 $399 101 days
305 N 7th Street 3 2 1,714 $599,000 $349 122 days
1713 W Olympic Boulevard N/A N/A 2,140 $829,000 $387 19 days
209 N 16th Street N/A N/A 1,878 $699,900 $372 123 days
2624 W BEVERLY N/A N/A 3,159 $683,000 $216 80 days
908 San Angelo Avenue 4 2 2,036 $780,000 $383 21 days
124 N 5th Street N/A N/A 4,700 $675,000 $143 105 days
Average: 3.0 2.2 1,968 $610,839 $338 47 days
Viewing 1 - 20 of 20
Viewing 1 - 20 of 20
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
236 Ridge Terrace Lane 3 2 1,448 $475,000 $485,000 $334 13 days 2/15/19
3008 Via San Delarro 3 2 1,746 $565,000 $553,000 $316 52 days 2/15/19
2332 W Whittier Boulevard N/A N/A 2,400 $875,000 $875,000 $364 146 days 2/12/19
1341 S Montebello Boulevard N/A N/A 1,604 $625,000 $570,000 $355 97 days 2/11/19
420 N Via Val Verde 4 2 1,349 $589,539 $605,000 $448 8 days 2/7/19
828 Marconi Street 4 2 1,674 $679,900 $6,799,900 $4,062 8 days 2/6/19
1301 S Greenwood Avenue Unit #47 2 2 825 $325,000 $325,000 $393 15 days 2/6/19
625 Leonard Street 2 1 1,191 $489,000 $460,000 $386 10 days 2/1/19
425 S 3rd Street 3 3 1,656 $495,000 $495,000 $298 84 days 2/1/19
525 S Greenwood Avenue Unit #47 2 1 N/A $50,000 $50,000 Unknown 8 days 1/31/19
237 N Montebello Boulevard 3 1 1,323 $465,000 $465,000 $351 39 days 1/31/19
506 Joyce Street 3 2 1,584 $529,000 $529,000 $333 66 days 1/30/19
2700 VIA PASEO N/A N/A 8,406 $2,650,000 $2,575,000 $306 4 days 1/29/19
2721 Via Paseo N/A N/A 4,000 $1,200,000 $1,175,000 $293 46 days 1/28/19
1412 W Colegrove Avenue N/A N/A 1,639 $534,900 $459,000 $280 68 days 1/28/19
141 S Vail Avenue 4 2 1,517 $529,800 $515,000 $339 39 days 1/25/19
444 Concourse Avenue 3 2 1,192 $489,999 $506,600 $425 13 days 1/23/19
444 Concourse Avenue 3 2 1,192 $489,999 $506,600 $425 34 days 1/23/19
Average: 3.0 1.8 2,043 $669,840 $997,172 $571 41 days
Viewing 1 - 18 of 18
Viewing 1 - 18 of 18

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.