Deasy Penner Podley's Market Report

San Gabriel, CA

Single-Family Homes

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



San Gabriel, CA

Wed May 27 2020
This week the median list price for San Gabriel, CA is $909,999 with the market action index hovering around 37. This is less than last month's market action index of 42. Inventory has held steady at or around 44. 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.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Gabriel, CA

Wed May 27 2020
This week the median list price for San Gabriel, CA is $909,999 with the market action index hovering around 37. This is less than last month's market action index of 42. Inventory has held steady at or around 44. 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.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Gabriel market.
Median List Price $909,999
Per Square Foot $507
Days on Market 130
Price Decreased 30%
Price Increased 0%
Relisted 7%
Inventory 44
Median Rent $2,875
Most Expensive $1,890,000
Least Expensive $549,900
Market Action 37
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,300,000 2,790 8,000 - 10,000 sqft 4 3 72 1 1 124
$987,000 2,024 6,500 - 8,000 sqft 4 3 54 1 0 196
$840,000 1,600 6,500 - 8,000 sqft 3 2 71 1 1 56
$660,000 940 4,500 - 6,500 sqft 2 1 70 1 1 143