Local Market Report

La Verne, CA

Single-Family Homes



La Verne, CA

Tue Sep 27 2022
This week the median list price for La Verne, CA is $970,000 with the market action index hovering around 46. This is an increase over last month's market action index of 42. Inventory has decreased to 39. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

La Verne, CA

Tue Sep 27 2022
This week the median list price for La Verne, CA is $970,000 with the market action index hovering around 46. This is an increase over last month's market action index of 42. Inventory has decreased to 39. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the La Verne market.
Median List Price $970,000
Median Price of New Listings $1,100,000
Per Square Foot $471
Average Days on Market 52
Median Days on Market 35
Price Decreased 49%
Price Increased 0%
Relisted 8%
Inventory 39
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,495,000 3,401 0.25 - 0.5 acre 4 3 33 2 2 77
$1,066,000 2,374 6,500 - 8,000 sqft 4 3 42 3 2 21
$879,000 1,581 6,500 - 8,000 sqft 3 2 54 0 3 42
$749,975 1,599 6,500 - 8,000 sqft 3 2 63 2 4 38