Deasy Penner Podley's Market Report

La Crescenta, CA

Single-Family Homes

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



La Crescenta, CA

Sun Apr 05 2020
This week the median list price for La Crescenta, CA is $969,900 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has held steady at or around 27. 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

Sun Apr 05 2020
This week the median list price for La Crescenta, CA is $969,900 with the market action index hovering around 71. This is an increase over last month's market action index of 66. Inventory has held steady at or around 27. 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 $969,900
Per Square Foot $577
Days on Market 59
Price Decreased 22%
Price Increased 15%
Relisted 11%
Inventory 27
Median Rent $3,600
Most Expensive $1,639,000
Least Expensive $679,000
Market Action 71
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,467,000 2,949 0.25 - 0.5 acre 4 3 32 1 2 68
$1,199,000 1,924 8,000 - 10,000 sqft 3 2 67 0 1 38
$925,000 1,661 6,500 - 8,000 sqft 4 2 67 1 0 73
$809,000 1,336 4,500 - 6,500 sqft 3 2 73 2 3 58