The latest statewide housing snapshot offers a clear sign of changing conditions in the San Gabriel Valley as the California Association of Realtors reports mixed momentum moving into the winter market. Daily averages from mid-November show 463 closed sales, 494 pending sales, and 519 new listings statewide. Local agents say these patterns mirror activity in communities such as El Monte, Baldwin Park, Rosemead, and Temple City.
The statewide report tracks how many agents closed deals, entered escrow, or listed property in the previous week. Closed sales rose slightly to 24.2 percent. Escrow openings fell to 16.9 percent. New listings dipped to 25.8 percent. These shifts matter for the Valley, where buyers rely on seasonal trends to gauge timing and price pressure.
Local agents in the Mid Valley region describe the same uneven rhythm. Buyers remain active in the entry-level market. Inventory remains tight in neighborhoods near schools and transit. The new statewide listing pace gives buyers a bit more room to act, though competition remains strong. Agents in El Monte and Rosemead say well-priced homes still draw prompt offers…