Deasy Penner Podley's Market Report

La Crescenta, CA

Single-Family Homes

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



La Crescenta, CA

Mon Mar 01 2021
This week the median list price for La Crescenta, CA is $1,174,000 with the market action index hovering around 69. This is an increase over last month's market action index of 66. Inventory has held steady at or around 16. Click here to stay informed with the La Crescenta market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

La Crescenta, CA

Mon Mar 01 2021
This week the median list price for La Crescenta, CA is $1,174,000 with the market action index hovering around 69. This is an increase over last month's market action index of 66. Inventory has held steady at or around 16. Click here to stay informed with the La Crescenta market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,174,000
Per Square Foot $588
Days on Market 4
Price Decreased 19%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $3,200
Most Expensive $2,349,000
Least Expensive $825,000
Market Action 69
Strong Seller's Market

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
$1,842,000 3,385 0.25 - 0.5 acre 4 4 36 2 1 28
$1,268,944 2,403 0.25 - 0.5 acre 4 2 74 1 2 21
$1,137,500 1,888 8,000 - 10,000 sqft 4 2 61 3 2 0
$884,000 1,478 4,500 - 6,500 sqft 3 2 72 2 1 7