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 Sep 22 2021
This week the median list price for La Crescenta, CA is $1,122,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has decreased to 22. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

La Crescenta, CA

Wed Sep 22 2021
This week the median list price for La Crescenta, CA is $1,122,000 with the market action index hovering around 78. This is about the same as last month's market action index of 78. Inventory has decreased to 22. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,122,000
Median Price of New Listings $999,000
Per Square Foot $647
Average Days on Market 21
Median Days on Market 18
Price Decreased 27%
Price Increased 5%
Relisted 0%
Inventory 22
Median Rent $3,200
Market Action 78
Strong Seller's Market

Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. 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
$1,639,000 2,876 8,000 - 10,000 sqft 4 3 72 1 2 21
$1,349,000 1,757 8,000 - 10,000 sqft 4 3 59 1 1 28
$1,055,000 1,803 4,500 - 6,500 sqft 3 2 69 3 1 0
$899,000 1,212 4,500 - 6,500 sqft 3 2 76 2 2 17