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Friday, April 4, 2025

What happened to the median home price in Monterey Park during February 2022?

Webp re 5

The median sale price of a home sold in February 2022 in Monterey Park rose by $106,000 while total sales decreased by 93.3%, according to BlockShopper.com.

In February 2022, there were two homes sold, with a median sale price of $863,500 - a 14% increase over the $757,500 median sale price for the same period of the previous year. There were 30 homes sold in Monterey Park in February 2021.

The following table compares Monterey Park to other Los Angeles County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Whittier163-98.4%$1,050,000$675,00055.6%
Downey153-98.1%$1,050,000$706,50048.6%
Altadena CDP131-96.8%$1,010,000$1,025,010-1.5%
Santa Monica147-97.9%$1,000,000$965,0003.6%
Alondra Park CDP110%$955,000$689,00038.6%
Monterey Park230-93.3%$863,500$757,50014%
Lakewood165-98.5%$849,000$724,00017.3%
Pico Rivera219-89.5%$780,000$635,00022.8%
Gardena223-91.3%$756,500$620,00022%
Valinda CDP19-88.9%$750,000$565,00032.7%
Malibu122-95.5%$735,000$1,332,510-44.8%

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