Paramount Real Estate Market Trends
Market Overview for Quarter 3, 2024
Median Sale Price
5.8% YoY
Median Price/Sqft
-1.6% YoY
No. of Transactions
12.1% YoY
County Median Sale Price
5.9% YoY
In Q3, the median home sale price in Paramount was $550K, up 5.8% year-over-year. Sales activity was also on the rise, with a total of 37 sales closed, representing a year-over-year increase of 12.1%. At the same time, the median price per square foot in Q3 was $479, representing a change of -1.6% year-over-year. The median sale price for Los Angeles County homes was $875K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Los Angeles County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Malibu | $3,875,000 |
| 2 | San Marino | $2,800,000 |
| 3 | Manhattan Beach | $2,723,750 |
| 4 | Palos Verdes Estates | $2,620,000 |
| 5 | Beverly Hills | $2,565,000 |
| 6 | Hermosa Beach | $2,250,000 |
| 7 | Rolling Hills Estates | $1,817,500 |
| 8 | Calabasas | $1,728,000 |
| 9 | Rancho Palos Verdes | $1,726,750 |
| 10 | El Segundo | $1,725,750 |
| 11 | South Pasadena | $1,601,750 |
| 12 | Santa Monica | $1,550,000 |
| 13 | Arcadia | $1,520,000 |
| 14 | Redondo Beach | $1,370,000 |
| 15 | Sierra Madre | $1,360,000 |
| 16 | Culver City | $1,200,000 |
| 17 | Torrance | $1,200,000 |
| 18 | Burbank | $1,157,500 |
| 19 | Glendale | $1,145,000 |
| 20 | Walnut | $1,142,500 |
| 21 | Pasadena | $1,110,000 |
| 22 | Temple City | $1,101,000 |
| 23 | Cerritos | $1,100,000 |
| 24 | Claremont | $1,036,500 |
| 25 | LA Verne | $1,015,000 |
| 26 | Agoura Hills | $1,012,000 |
| 27 | San Gabriel | $1,000,000 |
| 28 | Los Angeles | $999,000 |
| 29 | West Hollywood | $965,000 |
| 30 | Monrovia | $940,000 |
| 31 | Diamond Bar | $930,000 |
| 32 | Monterey Park | $905,000 |
| 33 | Rosemead | $894,000 |
| 34 | Montebello | $889,500 |
| 35 | Hawthorne | $886,000 |
| 36 | Alhambra | $881,000 |
| 37 | San Dimas | $849,000 |
| 38 | Glendora | $847,500 |
| 39 | Lakewood | $845,000 |
| 40 | Whittier | $842,500 |
| 41 | Downey | $842,250 |
| 42 | LA Mirada | $840,000 |
| 43 | West Covina | $803,000 |
| 44 | Lomita | $800,000 |
| 45 | Santa Clarita | $800,000 |
| 46 | Long Beach | $792,500 |
| 47 | Gardena | $780,000 |
| 48 | Covina | $765,000 |
| 49 | Carson | $755,500 |
| 50 | Norwalk | $735,000 |
| 51 | Duarte | $733,500 |
| 52 | Santa Fe Springs | $720,000 |
| 53 | Pico Rivera | $720,000 |
| 54 | Bellflower | $717,500 |
| 55 | Inglewood | $705,000 |
| 56 | El Monte | $700,000 |
| 57 | LA Puente | $700,000 |
| 58 | Azusa | $679,000 |
| 59 | Pomona | $668,500 |
| 60 | Baldwin Park | $660,000 |
| 61 | South Gate | $638,500 |
| 62 | Lynwood | $622,750 |
| 63 | Compton | $600,000 |
| 64 | Paramount | $550,000 |
| 65 | Palmdale | $509,000 |
| 66 | Lancaster | $470,000 |
Residential Property Types Sold in Paramount
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $455K | -3.2% | $472 | 11.6% | 15 |
| House | $660K | 5.6% | $551 | 3.8% | 22 |
The Q3 median sale price for Paramount houses was $660K, increasing 5.6% year-over-year. While the median for houses was trending up, condo prices in Paramount remained flat year-over-year at $455K.
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