El Monte, CA 91731 Real Estate Market Report
ZIP Code: 91731
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in El Monte are approximately 6.37%, which is 0.5% higher than the 5.87% average observed in February 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The neighborhood’s primary market signal is the median sold price of 701,000, which indicates realized market value from recent transactions and supports the assessment that pricing is showing modest strength; up year-over-year price trend and a hot market temperature together suggest continued seller leverage in negotiations.
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There is a notable gap between the median listing price of 799,999 and the median sold price, which may indicate pricing friction where seller expectations exceed transaction prices and suggests caution when pricing new listings; this gap appears alongside a moderate level of interest rate pressure (~6.37% current 30‑year fixed versus a 5.87% Feb 2026 average).
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The median days on market of 297 is unusually long and points to slower sales velocity relative to typical hot markets; this extended time to contract may reflect condition- or price-related resistance and suggests sellers should be prepared for longer listing periods or consider more competitive pricing or concessions.
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Rental signals are mixed: the median market rent of 2,450 and a down rent year-over-year trend imply softening rental income growth, which could temper investor demand even as the sales market shows strength.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
El Monte, CA 91731 Real Estate Market Report
ZIP Code: 91731
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in El Monte are approximately 6.37%, which is 0.5% higher than the 5.87% average observed in February 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The median sold price is the primary indicator of market value and recent transaction activity in this report; however, a specific median sold price value is not provided in the available metrics, which may indicate limited recent closed-sale reporting or that the sampled dataset focuses on partial transaction coverage rather than a full ZIP-level aggregation.
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Recent transaction velocity appears slower given a median days on market of 119, which suggests extended listing-to-sale timelines and moderate sales liquidity that may require pricing discipline or targeted marketing to accelerate closings.
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Pricing fundamentals show a median price per square foot of 450, aligned with a market that is trending up (up) year-over-year for prices and described as hot in market temperature; this combination supports modest appreciation but also implies competitive pricing expectations for well-positioned SFR and condo listings.
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Macro/financing context includes Current 30-year fixed mortgage rates in El Monte are approximately 6.37%, about 0.5% higher than the February 2026 average, and interest rate pressure is characterized as moderate—a condition that warrants cautious underwriting and sensitivity to buyer purchasing power while noting that rents show a median market rent of 2,526 even as rent trends are down, which may temper investor yield assumptions.
Notable Properties
The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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