Monrovia, CA Housing Market
The Monrovia housing market is very competitive. Homes in Monrovia receive 4 offers on average and sell in around 29 days. The median sale price of a home in Monrovia was $1.0M last month, up 2.0% since last year. The median sale price per square foot in Monrovia is $602, down 5.2% since last year.
Monrovia Housing Market Trends
In March 2024, Monrovia home prices were up 2.0% compared to last year, selling for a median price of $1.0M. On average, homes in Monrovia sell after 29 days on the market compared to 40 days last year. There were 13 homes sold in March this year, down from 23 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Monrovia housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 30 days.
- Hot homescan sell for about 6% above list price and go pending in around 16 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 42 days.
- Hot homescan sell for about 4% above list price and go pending in around 20 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 32 days.
- Hot homescan sell for about 3% above list price and go pending in around 15 days.
Monrovia Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Monrovia from outside metros.
- San Francisco homebuyers searched to move into Monrovia more than any other metro followed by New York and Seattle.
- 80% of Monrovia homebuyers searched to stay within the Monrovia metropolitan area.
- San Diego was the most popular destination among Monrovia homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
Home offer insights for Monrovia
Recent offers
- Offer Not Accepted|5 Weeks Ago~$750K OfferSold for $850K2 bd | 1 ba | ~1,250 sqftUnder List Price20%Days on Market6Competing Offers10Down Payment~20%
- Offer Not Accepted|7 Weeks Ago~$900K OfferSold for $900K3 bd | 3 ba | ~1,500 sqftOver List Price13%Days on Market10Competing Offers—OfferAll Cash
View houses in Monrovia that sold recently
Recently sold homes
- $779,990 Last Sold Price2 beds2.5 baths1,312 sq ft2955 Grand Oak Way, Arcadia, CA 91006Pinnacle Real Estate GroupList Price$779,990Sale to List0% over listDays on Market70 days2955 Grand Oak Way, Arcadia, CA 91006
- $775,055 Last Sold Price2 beds2.5 baths1,312 sq ft2966 Grand Oak Way, Arcadia, CA 91006Pinnacle Real Estate GroupList Price$762,255Sale to List2% over listDays on Market62 days2966 Grand Oak Way, Arcadia, CA 91006
- $998,000 Last Sold Price3 beds2.5 baths1,908 sq ft1343 JACARANDA Cir, Arcadia, CA 91006List Price$998,000Sale to List0% over listDays on Market38 days1343 JACARANDA Cir, Arcadia, CA 91006
- $1,300,000 Last Sold Price4 beds2.5 baths1,682 sq ft1213 Magnis St, Arcadia, CA 91006List Price$1,198,000Sale to List9% over listDays on Market23 days1213 Magnis St, Arcadia, CA 91006
- $918,000 Last Sold Price4 beds2.5 baths1,835 sq ft335 Genoa St Unit F, Monrovia, CA 91016List Price$899,000Sale to List2% over listDays on Market53 days335 Genoa St Unit F, Monrovia, CA 91016
- $1,125,000 Last Sold Price3 beds2 baths1,615 sq ft328 N Alta Vista Ave, Monrovia, CA 91016List Price$1,149,000Sale to List2% under listDays on Market40 days328 N Alta Vista Ave, Monrovia, CA 91016
- $685,000 Last Sold Price2 beds1 bath1,300 sq ft741 Valley View Ave, Monrovia, CA 91016List Price$675,000Sale to List1% over listDays on Market43 days741 Valley View Ave, Monrovia, CA 91016
- $1,210,000 Last Sold Price3 beds3 baths1,921 sq ft421 Genoa St Unit E, Arcadia, CA 91006List Price$1,168,000Sale to List4% over listDays on Market52 days421 Genoa St Unit E, Arcadia, CA 91006
See all recently sold homes in Monrovia.
See listings
Schools in Monrovia
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Mayflower Elementary School Public • K-5 | 507 Students | 18 reviews |
7/10 Plymouth Elementary School Public • K-5 | 451 Students | 13 reviews |
7/10 Camino Grove Elementary School Public • K-5 | 635 Students | 7 reviews |
6/10 Wild Rose Elementary School Public • K-5 | 394 Students | 5 reviews |
6/10 Monroe Elementary School Public • K-5 | 616 Students | 9 reviews |
Climate's impact on Monrovia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Monrovia.
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Heat Factor - Severe
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Transportation in Monrovia
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