The Mid Valley Real Estate market kicked off the week ending Sept. 13 with robust activity, according to the California Association of REALTORS®. Mid Valley Real Estate communities saw statewide daily averages of 502 closed sales, 568 pending sales and 693 new listings, underscoring strong buyer interest and growing inventory in El Monte, Baldwin Park, Rosemead, Arcadia, Temple City and Irwindale.
Housing Market Daily Sales And Listings
On a daily basis, 502 homes closed escrow across California, down slightly from the previous quarter’s pace, while pending sales climbed to 568 per day, a 9.4 percent increase. New listings surged to 693 per day, offering more choices for local buyers seeking single-family homes and condominiums. That influx of listings may help ease competition in high-demand Mid Valley neighborhoods, where affordability remains a key concern for first-time buyers.
Pending transactions rising by nearly one-tenth signals that buyers are active despite seasonal headwinds. Industry experts note that increased inventory gives edge to buyers who paused their search over the summer. In Baldwin Park, new developments are tracking in line with the statewide trend, adding units in mid-priced segments near transit corridors. Rosemead and Arcadia saw upticks in pending contracts, suggesting renewed confidence among home purchasers ahead of fall price adjustments.
Property Escrow And Listing Trends
The REALTORS® survey shows that 23.7 percent of agents closed a sale last week, down 0.9 percent from the previous quarter, while 23.2 percent entered escrow, up 9.4 percent. Listings taken by REALTORS® fell 6.6 percent to 27.3 percent of respondents, pointing to a modest pullback in new signings. That dip may reflect typical late-summer slowdowns in seller activity, particularly in Temple City, where homeowners often pause listings approaching the school year.
Locally, South El Monte continues to benefit from a pipeline of resale properties priced under \$600,000. Pending sales in that segment outperformed the statewide average, with many buyers citing proximity to major freeways and schools. Irwindale’s market remains niche-driven, with industrial-zoned properties and small residential parcels attracting investors rather than traditional homebuyers.
Local Housing Market Outlook
Looking ahead, REALTORS® expect sales to rise 14.4 percent in the coming week, though that forecast reflects a 9.1 percent drop from last quarter’s optimism. Price expectations edged up 7.5 percent, down 1.9 percent from the prior period, while 44.8 percent anticipate new listings will climb, a 2.0 percent decrease from earlier projections. These tempered forecasts suggest stability rather than runaway growth.
For Mid Valley News readers, the takeaway is clear: Greater inventory may offer buyers more leverage, but local pricing will remain competitive. Sellers should work with licensed agents to set market-appropriate values and time their listings to capitalize on fall demand. Community members can track weekly CAR updates at California Association of REALTORS® for more in-depth data.
This Week In Real Estate remains a crucial guide for residents navigating the housing market. As El Monte, South El Monte, Baldwin Park, Rosemead, Arcadia, Temple City and Irwindale respond to these trends, local stakeholders—school districts, planning commissions and neighborhood associations—will monitor shifts in demand and supply. Whether you’re a first-time buyer, seasoned investor or seller ready to list, staying informed on weekly market dynamics will help you make timely, data-driven decisions.
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