Local Market Report

La Verne, CA

Single-Family Homes



La Verne, CA

Fri May 27 2022
This week the median list price for La Verne, CA is $989,500 with the market action index hovering around 87. This is less than last month's market action index of 94. Inventory has increased to 16. Click here to stay informed with the La Verne market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

La Verne, CA

Fri May 27 2022
This week the median list price for La Verne, CA is $989,500 with the market action index hovering around 87. This is less than last month's market action index of 94. Inventory has increased to 16. Click here to stay informed with the La Verne market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the La Verne market.
Median List Price $989,500
Median Price of New Listings $1,025,000
Per Square Foot $500
Average Days on Market 17
Median Days on Market 14
Price Decreased 13%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent
Market Action 87
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,509,000 3,117 8,000 - 10,000 sqft 4 3.5 36 2 0 3
$1,062,500 2,134 8,000 - 10,000 sqft 3 3 37 2 1 7
$899,500 1,780 6,500 - 8,000 sqft 4 2 45 0 2 21
$775,000 1,428 4,500 - 6,500 sqft 3 2 32 1 1 35