Year over year, Monrovia’s rolling three-month data shows home values have eased while inventory has loosened. The typical home value is down more than 14 percent from a year ago, and the median list price has dipped slightly as well. At the same time, active listings are up about 7 percent, giving buyers more options than they had last year.
In the latest rolling three-month period ending in August 2026, supply has grown noticeably. Months of supply has climbed to 4.5, more than doubling from a year earlier and indicating a less tight environment than in the past. Homes are also taking longer to sell, with median days on market rising to 54 days, up about 27 percent year over year.
Buyer and seller activity is shifting too. Homes sold are down roughly 27 percent from last year’s rolling three-month period, while new listings have surged nearly 69 percent, suggesting more owners are testing the market even as closings slow. Only about 13 percent of sales closed above list price, and the average sale-to-list ratio has edged just below 99 percent, pointing to fewer aggressive bidding situations. Even with these changes, Monrovia still leans toward a seller’s market, and Agent Pronto can help both buyers and sellers connect with an agent who understands these evolving conditions.
