Doug Colliflower's Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Sat Jun 12 2021
This week the median list price for Altadena, CA is $1,188,000 with the market action index hovering around 70. This is less than last month's market action index of 78. Inventory has decreased to 33. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Altadena, CA

Sat Jun 12 2021
This week the median list price for Altadena, CA is $1,188,000 with the market action index hovering around 70. This is less than last month's market action index of 78. Inventory has decreased to 33. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Altadena market.
Median List Price $1,188,000
Median Price of New Listings $1,072,450
Per Square Foot $620
Average Days on Market 44
Median Days on Market 21
Price Decreased 9%
Price Increased 9%
Relisted 0%
Inventory 33
Median Rent $2,998
Market Action 70
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$2,498,500 4,779 0.25 - 0.5 acre 5 5 88 2 2 17
$1,550,000 2,390 0.25 - 0.5 acre 3 3 71 0 2 21
$1,099,000 1,646 8,000 - 10,000 sqft 3 2 83 2 2 35
$850,000 1,536 6,500 - 8,000 sqft 3 2 95 2 3 14