Home Sales Fall in Temple City Real Estate Market

While home sales in the Temple City market have been above average, in this week's report they dropped 9.7% to 28 homes sold over the last 30 days. On the other hand, close-by Pasadena registered 103 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $731,000, up from last week's $724,000. Despite the slip in sales, a relatively low two months of inventory indicates that Temple City is a definite seller's market.

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Demographic facts for Temple City:

  • Over the past 10 years, the population has increased 7.3%.
  • The area's lifestyle rating is 69. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 82.0% of all commuters, while carpools account for 8.3%, and public transit makes up 3.0%.

Data reported through 1/11/2017

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