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Arcadia

Why you'd want to live in Arcadia

Arcadia is a city in Los Angeles County, California, United States, located about 13 miles (21 km) northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. It contains a series of adjacent parks consisting of the Santa Anita Park racetrack, the Los Angeles County Arboretum and Botanic Garden, and Arcadia County Park. The city had a population of 56,364 at the 2010 census, up from 53,248 at the 2000 census. The city is named after Arcadia, Greece. Arcadia's economy is driven by wholesale trade, retail trade, manufacturing, health care and social assistance, arts, entertainment, and recreation. Revenue from the Santa Anita Racetrack has long supported capital improvements for the City of Arcadia, resulting in the city having very little bonded indebtedness. The Westfield Santa Anita mall (formerly the Santa Anita Fashion Park) is a major shopping center in the city. In 2005, the Westfield Santa Anita completed its first phase of expansion, featuring a new food court, Sport Chalet (now closed), Dave & Busters, numerous smaller retailers, various full-service eateries in an area known as Restaurant Square, and a 16-screen AMC Theatres megaplex. In 2008, expansion of the mall continued as the Promenade outdoor structure was completed, with new high-end retailers such as Coach and Talbots. In 2004, citing success from regional shopping malls such as The Grove and The Americana, Caruso Affiliated and Magna Entertainment (the owners of the Santa Anita Park racetrack) proposed to build a second large shopping mall adjacent to Westfield Santa Anita on the grounds of the Santa Anita Park south parking lot, which would have made Arcadia the largest retail shopping district in Los Angeles County. The controversial project, known as "The Shops at Santa Anita", originally included signature retail, restaurants, condominium projects, a decorative water display, and a horse-drawn trolley.

Arcadia Market Report

$2,241,625

AVERAGE PRICE OF 294 HOMES

$600,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,754,991

AVERAGE PRICE OF 219 MULTI-MILLION DOLLAR HOMES

$2,579,524

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$2,905,632

AVERAGE PRICE OF 107 HOMES WITH A POOL

$1,163,999

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $2,241,625
Avg Bedrooms 3.47 beds
Avg Bathrooms 3.5 baths

Average Price by Bedrooms

1 bedroom $660,000
2 bedrooms $818,058
3 bedrooms $1,189,832
4 bedrooms $1,935,521
5 bedrooms $3,267,817
Arcadia Home Price Trends
  7/2021 6/2021 5/2021 4/2021 3/2021
Total Listings 289 296 271 250 230
Average Price $2,207,324 $2,265,963 $2,301,897 $2,334,537 $2,405,837
Avg Price Change -2.66% -1.59% -1.42% -3.05% n/a
Median Price $1,629,123 $1,699,320 $1,737,082 $1,595,413 $1,680,231
Med Price Change -4.31% -2.22% +8.88% -5.32% n/a
Avg Bedrooms 3.49 beds 3.55 beds 3.46 beds 3.43 beds 3.46 beds
Avg Bathrooms 3.53 baths 3.57 baths 3.55 baths 3.57 baths 3.64 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arcadia 76 $2,452,863 52 days
Other 1 $688,000 26 days
Temple City 2 $1,044,500 70 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 294 $2,241,625 59 days
Distressed Homes 1 $600,000 129 days
Multi-Million Dollar Homes 219 $2,754,991 64 days
Newly Built Homes 24 $2,579,524 68 days
Homes with a Pool 107 $2,905,632 65 days
Reduced Price Homes 13 $1,163,999 58 days
Based on information from California Regional Multiple Listing Service, Inc. as of August 2, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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