Local Market Report

La Crescenta, CA

Single-Family Homes



La Crescenta, CA

Thu Sep 16 2021
This week the median list price for La Crescenta, CA is $1,274,499 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 20. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

La Crescenta, CA

Thu Sep 16 2021
This week the median list price for La Crescenta, CA is $1,274,499 with the market action index hovering around 77. This is less than last month's market action index of 78. Inventory has decreased to 20. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,274,499
Median Price of New Listings $1,020,000
Per Square Foot $661
Average Days on Market 20
Median Days on Market 14
Price Decreased 20%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent $3,200
Market Action 77
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$1,749,000 2,910 0.25 - 0.5 acre 5 3 74 0 0 14
$1,399,000 2,500 6,500 - 8,000 sqft 4 3 71 0 1 35
$1,090,000 1,624 4,500 - 6,500 sqft 3 2 73 3 2 0
$898,000 1,320 4,500 - 6,500 sqft 3 2 74 2 1 14