Local Market Report

La Crescenta, CA

Single-Family Homes



La Crescenta, CA

Fri May 27 2022
This week the median list price for La Crescenta, CA is $1,185,000 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 22. Click here to stay informed with the La Crescenta market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Crescenta, CA

Fri May 27 2022
This week the median list price for La Crescenta, CA is $1,185,000 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 22. Click here to stay informed with the La Crescenta market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,185,000
Median Price of New Listings $1,162,000
Per Square Foot $784
Average Days on Market 23
Median Days on Market 11
Price Decreased 14%
Price Increased 0%
Relisted 9%
Inventory 22
Median Rent
Market Action 80
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,888,000 3,613 0.25 - 0.5 acre 4 3.5 63 0 2 49
$1,295,000 1,637 6,500 - 8,000 sqft 3 2 81 4 3 0
$1,139,500 1,553 6,500 - 8,000 sqft 3 2 74 4 4 0
$912,000 984 4,500 - 6,500 sqft 2 1.8 84 2 2 17