Doug Colliflower's Market Report

Altadena, CA 91001

Single-Family Homes

626-524-4158 | doug@bhhsgolden.com | www.dougcolliflower.com



Altadena, CA 91001

Thu Sep 21 2023
This week the median list price for Altadena, CA 91001 is $1,395,000 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has increased to 37. Click here to stay informed with the Altadena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Altadena, CA 91001

Thu Sep 21 2023
This week the median list price for Altadena, CA 91001 is $1,395,000 with the market action index hovering around 59. This is an increase over last month's market action index of 58. Inventory has increased to 37. Click here to stay informed with the Altadena market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Altadena market.
Median List Price $1,395,000
Median Price of New Listings $1,278,944
Per Square Foot $714
Average Days on Market 38
Median Days on Market 7
Price Decreased 24%
Price Increased 0%
Relisted 5%
Inventory 37
Median Rent
Market Action 59
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$2,998,000 4,322 0.5 - 1 acre 5 6 97 2 1 49
$1,999,000 2,830 8,000 - 10,000 sqft 4 4 67 6 3 0
$1,258,888 1,726 8,000 - 10,000 sqft 3 2 73 4 3 7
$899,950 1,222 6,500 - 8,000 sqft 3 2 76 6 3 0