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Monrovia, CA Housing Market Trends
In June 2025, Monrovia’s housing market experienced a slight cooling, with home prices declining 2.4% year-over-year to a median of $1.0 million. Despite the price dip, market activity remained steady, as homes sold in an average of 27 days—slightly faster than last year’s 28 days—and sales volume increased to 23 homes sold compared to 20 the previous year. This suggests that while prices have adjusted, buyer demand remains healthy, likely driven by Monrovia’s desirable location, community atmosphere, and well-maintained neighborhoods, making it attractive for buyers seeking relative value in a competitive Southern California market.
Monrovia is a very competitive housing market, with homes selling in an average of 32 days and frequently attracting multiple offers, some with waived contingencies to secure quick deals. On average, properties sell for about 2% above the list price and go pending within roughly a month, reflecting strong buyer demand. The most desirable homes—those with updated features or in prime locations—can sell for as much as 6% above asking price and go pending in as little as 20 days. This level of competition highlights Monrovia’s strong appeal, driven by its charming neighborhoods, convenient location, and overall quality of life, making buyers willing to act quickly and pay a premium for the right property.
Monrovia, CA is a clear seller’s market in June 2025, with buyer demand exceeding the available supply of homes. This imbalance gives sellers a strong advantage, often resulting in multiple offers, competitive bidding, and properties selling above the asking price, particularly for updated or well-located homes. Buyers face limited inventory and must act quickly, sometimes waiving contingencies or offering above list price to secure a property. For sellers, these conditions present an ideal opportunity to maximize profits and negotiate favorable terms, reflecting Monrovia’s continued appeal as a desirable and well-connected community.
Navigating Monrovia’s competitive housing market requires expert insight and local knowledge. If you have questions or are ready to explore available homes, contact us today. We’ll help you find the right fit and guide you confidently through every step of the process.
Old Town is the city’s cultural and commercial heart, with Myrtle Avenue offering dining, shops, and the popular Friday Night Family Street Fair. Homes within walking distance often command a premium for their convenience and charm but may also experience more noise, traffic, and limited street parking during events.
North Monrovia climbs into the San Gabriel Mountains, offering larger lots, panoramic views, and cooler microclimates. However, hillside properties are subject to special zoning, grading limits, and stricter building codes due to slope stability and wildfire risk. Buyers should verify hillside overlay rules and potential additional insurance costs.
Because Monrovia borders the Angeles National Forest, certain neighborhoods fall into designated Very High Fire Hazard Severity Zones or near flood control channels. This can affect insurance premiums, mortgage requirements, and resale considerations. Reviewing CAL FIRE maps, FEMA flood maps, and historical incident data is essential before purchase.
Monrovia is rich in Craftsman bungalows, Spanish Revival homes, and mid-century properties, with several recognized historic landmarks. The city offers the Mills Act program for tax incentives in exchange for maintaining historical integrity, which can reduce property taxes but requires ongoing compliance with preservation standards.
The Metro L Line station at Duarte Road connects Monrovia to Pasadena and downtown Los Angeles. Properties near the station benefit from strong commuter appeal and potential rental demand, but buyers should weigh this against higher foot traffic and possible future development density in nearby blocks.
Monrovia’s proximity to the foothills means deer, coyotes, and even the occasional bear can wander into residential areas. While this adds to the city’s charm, it also means considering secure trash storage, landscape choices, and potential wildlife encounters when selecting a property.
Have questions about the Monrovia housing market or ready to explore available properties? We're here to help! With a deep understanding of the local market and a commitment to finding the right home for you, our team is ready to guide you every step of the way. Don’t wait—reach out today and take the first step toward making Monrovia your new home!
Curious about what makes Monrovia, CA, such a desirable place to live? Our comprehensive neighborhood guide has all the details you need. From local amenities and schools to housing options and community highlights, this guide will help you discover everything Monrovia has to offer. Start exploring now and see why so many people are proud to call Monrovia home!
When you choose The Sabatella Delair Group, you are choosing a team of experienced, dedicated, and passionate real estate professionals who are committed to your success. Contact them today to learn more about how they can help you achieve your real estate goals.