Monrovia Housing Market Report – July 2026
Here's a look at how the Monrovia, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 33
- Median Sale Price: $999,999
- Average Sale Price: $1,064,236
- Average Price Per Sq Ft: $646
- Average Days on Market: 91
- Sale-to-List Price Ratio: 101.1%
Month-Over-Month Trends
Compared to June, the median sale price in Monrovia moved 11.1% down (from $1,125,000 to $999,999). The number of homes sold was 57.1% up compared to the prior month (21 vs. 33). Average days on market shifted 6.2% down (97 days to 91 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 6.9% down (from $1,074,000 to $999,999). Sales volume is 65.0% up year-over-year.
What This Means
Monrovia's housing market is showing some interesting mixed signals this July. While sales volume jumped significantly, that uptick appears to reflect improved data collection rather than a genuine market surge. The real story lies in pricing: the median price dipped 11.1% month-over-month to $999,999, though it's only down 6.9% year-over-year. This suggests some seasonal summer softness, which is typical as families prioritize other summer activities over home hunting. More encouraging is that homes are selling at 101.1% of list price and moving faster—91 days on market versus 97 days last month—indicating there's still solid buyer interest despite the price pullback.
The market appears to be finding a more balanced equilibrium. With 95 active listings and median asking prices around $1,098,000, there's decent inventory to choose from, which typically favors buyers. The single-family home dominance in the sales mix suggests continued preference for traditional family homes in this San Gabriel Valley community. Overall, Monrovia feels like a stable, moderately paced market—not booming, but not struggling either. Buyers have options, prices are moderating slightly, and properties are moving at a reasonable pace.
Monrovia Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91016 | 33 | $999,999 | $646 | 91 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 18 | $1,099,999 | $692 |
| MULTI_FAMILY | 8 | $1,070,000 | $700 |
| CONDOS | 4 | $652,500 | $572 |
| TOWNHOMES | 2 | $745,000 | $535 |
| MOBILE | 1 | $240,000 | $179 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 1 |
| $500K - $749K | 6 |
| $750K+ | 26 |
Current Active Listings
As of this report, there are 95 active listings in Monrovia with a median asking price of $1,098,000 and an average of 51 days on market.
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