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Market Update The Mark & Al Team April 30, 2025
As we move into the heart of spring, the real estate market across Glendora, San Dimas, La Verne, Covina, and nearby communities is showing clear signs of momentum. Whether you're thinking of buying, selling, or just keeping a pulse on the market, here’s what you should know.
More homes are coming to market this season compared to the same time last year, giving buyers slightly more options. However, inventory is still well below what we’d consider balanced. In most of our coverage areas, well-priced homes are receiving strong interest—sometimes multiple offers—especially in desirable school districts or walkable neighborhoods.
Home values remain strong in Glendora, San Dimas, and La Verne, with the median price for single-family homes in many ZIP codes either holding firm or ticking upward slightly. In Covina and surrounding areas, we’re seeing a healthy mix of new listings and buyers taking advantage of stabilized interest rates.
After a few years of volatility, mortgage rates have found some stability in early 2025. Many buyers have adjusted to the new normal and are locking in rates with confidence. This has brought more serious buyers into the market, particularly those looking to make a move before summer.
Now is still a great time to list, especially if your property is move-in ready and priced right. Homes in excellent condition are getting attention quickly, and a strong marketing strategy can help you stand out even as inventory grows.
With more listings and slightly less urgency than peak pandemic times, buyers have more breathing room to make thoughtful offers. Still, don’t wait too long—competition for desirable homes remains.
The local real estate market in Spring 2025 is active and leaning slightly in favor of sellers, but opportunities exist for both sides. As always, your specific neighborhood, price range, and property type will influence your experience.
If you’re thinking about making a move—or just want to discuss how the current market affects your plans—don’t hesitate to reach out. Local knowledge makes all the difference.
Stay up to date on the latest real estate trends.
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Our team is ready to handle every aspect of your transaction to facilitate the home buying, selling, commercial, or retail sale process. From the largest estate property to the first time buyer purchase, commercial real estate, and everything in between, we have the experience and knowledge to help.