New Downward Trend in Price Cuts for Montebello Real Estate Market

Despite a determined downward trend in sellers reducing price, including three markdowns over the last 30 days, sales in the Montebello market rose to 22 over the same stretch of time. The median sales price rose to $457,500 over the latest reporting period for Montebello, up from $435,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Montebello is a seller's market.

If you're looking for a home with a large living area, then be sure to see these listings that provides more space than any other in Montebello:

$760K   $599K   $685K  

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

Demographic facts about Montebello:

  • 51.8% of the people in this area are renters.
  • The job growth projection is 27.1% for the next 10 years.
  • The student per librarian ratio in this area is 3,887:1. (803:1 = national average)

Data reported through 1/11/2017

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Diversified Works, Inc.
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