DPP | Compass' Market Report

La Crescenta, CA

Single-Family Homes

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



La Crescenta, CA

Tue Mar 19 2024
This week the median list price for La Crescenta, CA is $1,300,000 with the market action index hovering around 70. This is less than last month's market action index of 71. Inventory has increased to 17. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Tue Mar 19 2024
This week the median list price for La Crescenta, CA is $1,300,000 with the market action index hovering around 70. This is less than last month's market action index of 71. Inventory has increased to 17. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $1,300,000
Median Price of New Listings $1,430,000
Per Square Foot $850
Average Days on Market 22
Median Days on Market 14
Price Decreased 12%
Price Increased 0%
Relisted 0%
Inventory 17
Median Rent
Market Action 70
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
$2,090,000 2,517 6,500 - 8,000 sqft 3 3 66 2 1 7
$1,349,500 1,745 6,500 - 8,000 sqft 3 2.5 69 0 1 31
$1,249,500 1,522 4,500 - 6,500 sqft 3 2 75 0 0 38
$970,000 1,204 4,500 - 6,500 sqft 2 1.5 75 2 1 0