Justin Tye

Sierra Madre, CA

Single-Family Homes

Active Realty I REAL



Sierra Madre, CA

Fri May 24 2024
This week the median list price for Sierra Madre, CA is $1,600,000 with the market action index hovering around 47. This is an increase over last month's market action index of 43. Inventory has decreased to 13. Click here to stay informed with the Sierra Madre 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.

Sierra Madre, CA

Fri May 24 2024
This week the median list price for Sierra Madre, CA is $1,600,000 with the market action index hovering around 47. This is an increase over last month's market action index of 43. Inventory has decreased to 13. Click here to stay informed with the Sierra Madre 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 Sierra Madre market.
Median List Price $1,600,000
Median Price of New Listings $1,595,000
Per Square Foot $777
Average Days on Market 50
Median Days on Market 28
Price Decreased 31%
Price Increased 0%
Relisted 15%
Inventory 13
Median Rent
Market Action 47
Strong Seller's Market

Despite this week’s down 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
$2,599,000 3,682 0.25 - 0.5 acre 4 4 30 1 0 112
$1,800,000 2,604 0.25 - 0.5 acre 4 3 77 0 1 56
$1,598,000 2,061 0.25 - 0.5 acre 3 2 77 2 0 0
$1,147,000 1,437 4,500 - 6,500 sqft 1 1.5 87 2 0 3