Monrovia Homes for Sale & Real Estate Listings

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.