Home Sales Fall in Montebello Real Estate Market

The Montebello market broke below its 12-month average sales volume this week as sales slid 9.1% to hit 20 homes sold over the last 30 days. On the other hand, close-by Whittier registered 62 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $476,500 this week.

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Get started right now by checking out Montebello homes for sale or reviewing Montebello real estate trends.

Demographic facts for Montebello:

  • This area has a median house value of $320,300.
  • The area gets 28 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 11.5%.
  • The student-to-teacher ratio is 24.0:1. (15.3:1 = national average)

Data reported through 10/19/2016

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RE/MAX MASTERS REALTY
Dynasty Real Estate
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Bershire Hathaway Home Services
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