DPP | Compass' Market Report

La Canada Flintridge, CA

Single-Family Homes

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La Canada Flintridge, CA

Tue Mar 19 2024
This week the median list price for La Canada Flintridge, CA is $2,999,000 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has increased to 23. Click here to stay informed with the La Canada Flintridge market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Canada Flintridge, CA

Tue Mar 19 2024
This week the median list price for La Canada Flintridge, CA is $2,999,000 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has increased to 23. Click here to stay informed with the La Canada Flintridge market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Canada Flintridge market.
Median List Price $2,999,000
Median Price of New Listings $1,999,000
Per Square Foot $945
Average Days on Market 117
Median Days on Market 14
Price Decreased 9%
Price Increased 0%
Relisted 9%
Inventory 23
Median Rent
Market Action 44
Slight Seller's Advantage

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
$7,500,000 7,573 1 - 2.5 acres 6 6 40 0 0 238
$4,090,000 4,187 0.25 - 0.5 acre 5 3.5 61 0 0 63
$2,837,000 3,261 0.25 - 0.5 acre 4 2.8 77 4 5 0
$1,724,000 1,619 0.25 - 0.5 acre 3 2 74 3 3 3