Doug Colliflower's Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Fri Jun 21 2024
This week the median list price for Altadena, CA is $1,537,500 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 30. 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

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.

Altadena, CA

Fri Jun 21 2024
This week the median list price for Altadena, CA is $1,537,500 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 30. 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

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 Altadena market.
Median List Price $1,537,500
Median Price of New Listings $1,475,000
Per Square Foot $785
Average Days on Market 42
Median Days on Market 21
Price Decreased 17%
Price Increased 0%
Relisted 3%
Inventory 30
Median Rent
Market Action 73
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. 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
$2,999,000 4,374 0.5 - 1 acre 4 4 66 1 1 21
$2,298,000 3,005 0.25 - 0.5 acre 5 4 78 2 2 21
$1,334,000 1,614 8,000 - 10,000 sqft 3 2 80 4 4 10
$1,100,000 1,250 6,500 - 8,000 sqft 3 2 71 0 2 24