Deasy Penner Podley's Market Report

Arcadia, CA

Single-Family Homes

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



Arcadia, CA

Thu Feb 20 2020
This week the median list price for Arcadia, CA is $2,436,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 136. Click here to stay informed with the Arcadia market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Arcadia, CA

Thu Feb 20 2020
This week the median list price for Arcadia, CA is $2,436,500 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 136. Click here to stay informed with the Arcadia market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Arcadia market.
Median List Price $2,436,500
Per Square Foot $624
Days on Market 213
Price Decreased 31%
Price Increased 5%
Relisted 23%
Inventory 136
Median Rent $3,500
Most Expensive $23,000,000
Least Expensive $638,000
Market Action 28
Slight Buyer's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$5,285,000 8,176 0.5 - 1 acre 6 8 5 0 0 290
$2,939,500 4,563 0.25 - 0.5 acre 5 5 14 1 0 275
$1,919,500 3,265 0.25 - 0.5 acre 4 4 21 2 3 151
$1,199,500 1,988 8,000 - 10,000 sqft 3 2 65 4 1 132