Deasy Penner Podley's Market Report

La Crescenta, CA

Single-Family Homes

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



La Crescenta, CA

Wed Jul 06 2022
This week the median list price for La Crescenta, CA is $1,231,500 with the market action index hovering around 79. This is less than last month's market action index of 81. Inventory has increased to 32. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Crescenta, CA

Wed Jul 06 2022
This week the median list price for La Crescenta, CA is $1,231,500 with the market action index hovering around 79. This is less than last month's market action index of 81. Inventory has increased to 32. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 La Crescenta market.
Median List Price $1,231,500
Median Price of New Listings $1,245,000
Per Square Foot $784
Average Days on Market 31
Median Days on Market 18
Price Decreased 38%
Price Increased 3%
Relisted 9%
Inventory 32
Median Rent
Market Action 79
Strong Seller's Market

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
$2,137,500 3,367 0.25 - 0.5 acre 5 3.5 70 2 0 24
$1,390,000 1,742 6,500 - 8,000 sqft 3 2 68 1 2 21
$1,124,000 1,335 6,500 - 8,000 sqft 3 2 77 1 2 7
$981,000 1,274 4,500 - 6,500 sqft 2 2 72 2 3 7