Monrovia Housing Market Report – April 2026
Here's a look at how the Monrovia, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 18
- Median Sale Price: $975,250
- Average Sale Price: $1,184,189
- Average Price Per Sq Ft: $671
- Average Days on Market: 59
- Sale-to-List Price Ratio: 102.7%
Month-Over-Month Trends
Compared to March, the median sale price in Monrovia moved 3.8% up (from $940,000 to $975,250). The number of homes sold was 18.2% down compared to the prior month (22 vs. 18). Average days on market shifted 25.3% down (79 days to 59 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 9.7% down (from $1,080,000 to $975,250). Sales volume is 28.0% down year-over-year.
What This Means
Monrovia's housing market is showing some mixed signals this April, and the story gets interesting when you look beyond the surface numbers. Yes, the median price jumped 3.8% month-over-month to $975,250, which sounds positive on first glance. But here's the catch: year-over-year, prices are down nearly 10% from April 2025. This suggests we're bouncing along the bottom of a seasonal dip rather than experiencing genuine appreciation. The spring market should typically bring momentum, so this modest uptick might simply reflect normal seasonal patterns as buyers return after winter.
The real concern is volume. Sales dropped 18% from March and are down 28% annually, which points to a fundamentally slower market. The silver lining? Homes are selling faster—average days on market fell from 79 to 59—and sellers are getting above-asking prices at 102.7%. This tells us there's still buyer interest for well-positioned properties, but there simply aren't enough buyers competing for homes right now. With 69 active listings sitting at a median asking price of $1.19 million, inventory is building relative to demand.
For sellers, the current environment rewards strategic pricing and presentation. For buyers, it's worth taking time to evaluate options in what's becoming a more favorable negotiating position than we've seen in years.
Monrovia Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91016 | 18 | $975,250 | $671 | 59 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 12 | $1,231,944 | $718 |
| TOWNHOMES | 3 | $685,000 | $571 |
| MULTI_FAMILY | 2 | $1,122,500 | $669 |
| CONDOS | 1 | $580,000 | $416 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 4 |
| $750K+ | 14 |
Current Active Listings
As of this report, there are 69 active listings in Monrovia with a median asking price of $1,190,000 and an average of 61 days on market.
Thinking About Selling Your Monrovia Home?
If you're a homeowner in Monrovia considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Monrovia and throughout Los Angeles County — get a no-obligation cash offer today.