Is La Mirada, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, La Mirada has remained a Seller's Market.
Housing Prices in La Mirada, CA
How much do homes in La Mirada, CA cost?
Median Sold Price
$850,000
$555/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in La Mirada was $850,000 in May 2024, up 5.8% from last year, and the median price per square foot was $555.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $400K | -11.1% |
2 Bedrooms | $563K | $615K | +9.2% |
3 Bedrooms | $796K | $849.6K | +6.7% |
4 Bedrooms | $850K | $910K | +7.1% |
5+ Bedrooms | $1.0M | $1.0M | +1.1% |
Summary: La Mirada housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Fullerton | $874.2K | $941K | +7.6% |
Buena Park | $810.8K | $860K | +6.1% |
La Mirada | $803.2K | $850K | +5.8% |
Santa Fe Springs | $700K | $735K | +5.0% |
La Habra | $775K | $810.2K | +4.5% |
Housing Supply in La Mirada, CA
How many homes are available in La Mirada, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 77 | +1.3% |
Summary: The La Mirada real estate market had 77 homes for sale in May 2024, a 1.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 39 | 39 | 0.0% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 11 | 9 | -18.2% |
Summary: The La Mirada housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 22 | -29.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in La Mirada in May 2024, down by 29.0% month-over-month. Of the 22 sold homes, 14% were sold under asking, 5% were sold at asking, and 82% were sold over asking.
Days on Market for La Mirada, CA
How long does it take to sell a home in La Mirada, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 15 Days | -24.6% |
Summary: Homes in La Mirada had an average of 15 days on market in May 2024, down by 24.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in La Mirada; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.