Living in Covina offers California residents an urban-suburban mixed feel. Most residents own their homes, and there are many restaurants, coffee shops, and parks for everyone to enjoy. Many families take advantage of the highly-rated public schools in the area, while young professionals flock to Covina to be near work and play.
At ListWizer, our experienced team of licensed real estate professionals connects home buyers and sellers with the expertise of top agents while paying only a flat fee of $2,500 or up to a 1% listing fee. This offers significant savings without compromising service quality.
Buying or selling a home in Los Angeles County shouldn’t be overwhelmingly stressful. Nor should it significantly impact your financial standing—no matter which side of the transaction you are on. Our Covina real estate professionals have solutions that can save time and money while providing peace of mind.
Here, we discuss the housing market in Covina, which has been a seller’s market since 2023. Prices tend to be higher, and homes sell faster.
What are Housing Prices in Covina, California?
In June 2024, the median home sold price in Covina was $750,000, up 1.3% from last year, and the median price per square foot was $507.
The median sold price by bedroom count as of June 2024 is:
- 1 Bedroom $450,000
- 2 Bedrooms $550,000
- 3 Bedrooms $732,000
- 4 Bedrooms $826,500
- 5+ Bedrooms $1,500,000
The median sold price compared to nearby cities is:
- West Covina $820,000
- East San Gabriel Valley $788,900
- San Dimas $890,000
- Azusa $680,100
The Covina real estate market had 109 homes for sale in June 2024, a 14.2% decrease compared to May 2024. 22 homes were sold or pending in Covina in June 2024, down by 51.1% month-over-month. Of the 22 sold homes, 23% were sold under asking, 9% were sold at asking, and 68% were sold over asking.
In June 2024, 22 homes were sold in Covina; 86% were sold within 30 days, 14% were sold within 30 to 90 days, and 0% were sold over 90 days.
How Can ListWizer Help Me Buy or Sell a Home in Covina, California?
At ListWizer, our experienced team of licensed real estate professionals connects home buyers and sellers with the expertise of top agents while paying only a flat fee of $2,500 or up to a 1% listing fee. This offers significant savings without compromising service quality.
This allows our clients to buy and sell faster while keeping their hard-earned money to invest in the next big thing. Contact our 1% flat rate brokers today to learn how we can put our team of licensed real estate professionals in Covina to work for you!