• calendar_month January 29, 2024
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Market update

Welcome to Montrose 91020, a charming community nestled in the heart of California. As we step into January 2024, let's delve into the real estate landscape of this vibrant neighborhood, exploring its active listings, median prices, and recent trends.

Active Listings and Median Listing Price

Montrose 91020 currently boasts 3 active listings, indicating a dynamic real estate market. The median listing price stands at $950,000, reflecting the desirability of properties within the area. This figure provides insight into the prevailing market values and gives prospective buyers and sellers a benchmark for their transactions.

Price Per SqFt. and Homes Sold

With a price per square foot of $924, Montrose 91020 demonstrates its value as an investment-worthy locale. This metric underscores the quality and appeal of properties within the neighborhood. Additionally, the recent sale of 1 home signifies ongoing activity in the real estate market, with homeowners finding opportunities to transition within or into this vibrant community.

Average Time on Market and Median Sold Price

The average time on the market, standing at 21 days, indicates a healthy pace of transactions within Montrose 91020. This metric suggests that properties are attracting interest from prospective buyers relatively quickly, reflecting the appeal and demand for homes in the area. Furthermore, the median sold price of $1,091,000 highlights the robust nature of the local housing market, with sellers achieving favorable returns on their investments.

Montrose 91020 epitomizes the allure of California living, offering a blend of picturesque surroundings, convenient amenities, and a thriving real estate market. As we navigate through January 2024, the neighborhood continues to captivate homebuyers and investors alike, with its diverse range of properties and strong community spirit.

Whether you're seeking your dream home or considering investment opportunities, Montrose 91020 beckons with its promise of quality living and enduring value. As the year unfolds, the neighborhood stands as a testament to the enduring appeal of Southern California living, inviting residents to embrace its warmth, charm, and endless possibilities.

Lucy Zohrabi

Lucy Zohrabi

JohnHart Real Estate

DRE - 02060911
Direct - 818.731.1266, Office - 818.246.1099

Contact Lucy Today!