Doug Colliflower's Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Tue Jun 06 2023
This week the median list price for Altadena, CA is $1,324,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has held steady at or around 29. 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

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Altadena, CA

Tue Jun 06 2023
This week the median list price for Altadena, CA is $1,324,000 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has held steady at or around 29. 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

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 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 $1,324,000
Median Price of New Listings $1,475,000
Per Square Foot $826
Average Days on Market 34
Median Days on Market 28
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 29
Median Rent
Market Action 58
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,998,000 3,650 0.25 - 0.5 acre 5 5 76 0 0 28
$1,497,973 1,798 0.25 - 0.5 acre 3 3 76 2 1 14
$1,199,000 1,355 6,500 - 8,000 sqft 3 2 76 0 1 28
$874,995 1,095 6,500 - 8,000 sqft 2 1.5 90 1 4 17