Deasy Penner Podley's Market Report

La Crescenta, CA

Single-Family Homes

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



La Crescenta, CA

Thu Mar 30 2023
This week the median list price for La Crescenta, CA is $1,396,500 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has decreased to 14. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

La Crescenta, CA

Thu Mar 30 2023
This week the median list price for La Crescenta, CA is $1,396,500 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has decreased to 14. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,396,500
Median Price of New Listings $1,499,000
Per Square Foot $786
Average Days on Market 89
Median Days on Market 53
Price Decreased 29%
Price Increased 0%
Relisted 14%
Inventory 14
Median Rent
Market Action 58
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
$3,995,000 4,859 0.5 - 1 acre 5 5 68 1 0 42
$1,499,000 1,799 8,000 - 10,000 sqft 3 2 59 2 1 0
$1,392,500 2,043 0.25 - 0.5 acre 3 2.8 59 1 2 94
$1,084,500 1,246 4,500 - 6,500 sqft 3 2 73 1 2 73