Arcadia Homes Market Overview
Arcadia Homes Market Highlights
As of May 6, 2025, the single-family homes market in Arcadia is currently experiencing notable shifts as buyers and sellers adjust to changing conditions.
- Over the past month, the number of active listings has increased to 58, reflecting a broader choice for potential buyers.
- The average sold price has decreased slightly to $2,908,750, while the average price per square foot for active listings currently stands at $951.
- Days on Market has risen to 76, indicating that homes are taking longer to sell than they did three months ago.
Curious how the Arcadia Homes market has changed over time?
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Arcadia Homes Market Report
An In-Depth Look at the Arcadia Homes Market
The single-family homes market in Arcadia has shown some significant trends that warrant closer examination. Currently, there are 58 active listings, a sharp rise from 47 listings three months ago. This increase in active inventory suggests a more competitive landscape, allowing buyers a greater selection of properties to consider. Notably, months of inventory have climbed to 6.4, up from 5.2 three months ago, indicating a gradual shift towards a more balanced market as homes take longer to find buyers.
In contrast, the average sold price has decreased slightly to $2,908,750 over the past month, compared to $2,986,430 three months ago. This dip in selling prices may suggest that buyers are exercising more negotiating power in a market with increasing supply. The average price per square foot for active listings is currently at $951, up from $911 three months ago, highlighting that while the overall sales price may be declining, the per-square-foot valuation is holding steady, reflecting market resilience in certain aspects.
Furthermore, days on market (DOM) have increased to 76, a noticeable climb from 101 days three months prior. This indicates that homes are now sitting on the market longer before securing buyers, which may be a result of the increased competition in honor of the growing inventory.
The overall landscape hints at a market adjustment, where pricing strategies may need reevaluation on the part of sellers to entice buyers who now have more options. With active prices remaining robust, sellers may consider more competitive pricing and improved presentation strategies to capture buyer interest. As market conditions continue to evolve, both buyers and sellers will benefit from staying informed on these key trends to navigate the Arcadia housing landscape effectively.