Your Real Estate Market Update

La Crescenta, CA 91214

Single-Family Homes

Arminé Ghevian ♦ 818-389-4465 ♦ DRE: 00945233



La Crescenta, CA 91214

Mon Mar 25 2019
This week the median list price for La Crescenta, CA 91214 is $842,450 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has held steady at or around 24. Click here to stay informed with the La Crescenta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

La Crescenta, CA 91214

Mon Mar 25 2019
This week the median list price for La Crescenta, CA 91214 is $842,450 with the market action index hovering around 53. This is an increase over last month's market action index of 49. Inventory has held steady at or around 24. Click here to stay informed with the La Crescenta market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $842,450
Per Square Foot $589
Days on Market 35
Price Decreased 38%
Price Increased 0%
Relisted 4%
Inventory 24
Median House Rent $3,100
Most Expensive $1,598,000
Least Expensive $565,000
Market Action Index
Strong Seller's Market
53

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$997,000 2,329 8,000 - 10,000 sqft 4 2 48 1 0 18
$933,444 1,665 6,500 - 8,000 sqft 3 1 66 0 0 63
$798,838 1,243 4,500 - 6,500 sqft 3 1 65 0 0 32
$694,975 877 4,500 - 6,500 sqft 2 0 94 3 1 29