Deasy Penner Podley's Market Report

San Gabriel, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



San Gabriel, CA

Thu Sep 16 2021
This week the median list price for San Gabriel, CA is $1,025,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has decreased to 26. Click here to stay informed with the San Gabriel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

San Gabriel, CA

Thu Sep 16 2021
This week the median list price for San Gabriel, CA is $1,025,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has decreased to 26. Click here to stay informed with the San Gabriel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the San Gabriel market.
Median List Price $1,025,000
Median Price of New Listings $849,700
Per Square Foot $606
Average Days on Market 47
Median Days on Market 28
Price Decreased 27%
Price Increased 8%
Relisted 8%
Inventory 26
Median Rent $3,300
Market Action 61
Strong Seller's Market

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,941,500 3,143 6,500 - 8,000 sqft 5 4 14 0 2 84
$1,115,000 2,208 6,500 - 8,000 sqft 3 2 83 0 2 42
$899,900 1,729 6,500 - 8,000 sqft 3 2 62 2 3 14
$799,000 880 4,500 - 6,500 sqft 2 1 72 2 0 7