Deasy Penner Podley's Market Report

La Canada Flintridge, CA

Single-Family Homes

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La Canada Flintridge, CA

Thu Apr 02 2020
This week the median list price for La Canada Flintridge, CA is $2,790,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 51. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

La Canada Flintridge, CA

Thu Apr 02 2020
This week the median list price for La Canada Flintridge, CA is $2,790,000 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has held steady at or around 51. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the La Canada Flintridge market.
Median List Price $2,790,000
Per Square Foot $698
Days on Market 114
Price Decreased 31%
Price Increased 2%
Relisted 14%
Inventory 51
Median Rent $4,500
Most Expensive $11,750,000
Least Expensive $874,000
Market Action 35
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$7,422,500 9,042 1 - 2.5 acres 5 8 85 0 3 206
$3,150,000 4,525 0.5 - 1 acre 4 5 55 2 3 116
$2,300,000 3,373 0.5 - 1 acre 4 4 67 4 4 56
$1,700,000 2,502 0.25 - 0.5 acre 3 3 65 2 5 83