Deasy Penner Podley's Market Report

La Canada Flintridge, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



La Canada Flintridge, CA

Sun Jan 29 2023
This week the median list price for La Canada Flintridge, CA is $3,295,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has decreased to 17. 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 started cooling and prices have recently plateaued. 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 Canada Flintridge, CA

Sun Jan 29 2023
This week the median list price for La Canada Flintridge, CA is $3,295,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has decreased to 17. 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 started cooling and prices have recently plateaued. 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 Canada Flintridge market.
Median List Price $3,295,000
Median Price of New Listings $3,700,000
Per Square Foot $915
Average Days on Market 96
Median Days on Market 91
Price Decreased 29%
Price Increased 0%
Relisted 18%
Inventory 17
Median Rent
Market Action 43
Slight Seller's Advantage

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
$5,495,000 7,427 0.5 - 1 acre 6 6.8 57 0 0 136
$3,599,500 4,623 0.25 - 0.5 acre 4 4.3 37 1 1 119
$2,944,500 3,891 0.25 - 0.5 acre 4 3 59 0 0 45
$2,100,000 2,144 8,000 - 10,000 sqft 4 3 70 0 1 84