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 Feb 20 2020
This week the median list price for La Crescenta, CA is $835,000 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 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

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 Feb 20 2020
This week the median list price for La Crescenta, CA is $835,000 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 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

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 $835,000
Per Square Foot $595
Days on Market 75
Price Decreased 36%
Price Increased 9%
Relisted 27%
Inventory 22
Median Rent $3,200
Most Expensive $1,659,000
Least Expensive $469,900
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
$1,395,000 2,606 8,000 - 10,000 sqft 4 3 33 2 1 49
$995,000 1,957 6,500 - 8,000 sqft 4 3 72 0 0 86
$783,944 1,178 6,500 - 8,000 sqft 3 2 70 2 1 35
$699,497 1,067 4,500 - 6,500 sqft 2 1 72 3 1 126