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

Mon Nov 30 2020
This week the median list price for La Canada Flintridge, CA is $2,800,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 39. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 Canada Flintridge, CA

Mon Nov 30 2020
This week the median list price for La Canada Flintridge, CA is $2,800,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 39. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. 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 Canada Flintridge market.
Median List Price $2,800,000
Per Square Foot $707
Days on Market 111
Price Decreased 36%
Price Increased 0%
Relisted 33%
Inventory 39
Median Rent $4,598
Most Expensive $10,500,000
Least Expensive $1,000,000
Market Action 46
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$5,690,000 7,003 0.5 - 1 acre 5 7 55 0 1 249
$3,091,500 4,973 0.25 - 0.5 acre 5 5 26 1 1 81
$2,047,000 3,199 0.25 - 0.5 acre 4 3 59 1 2 73
$1,647,000 2,341 0.25 - 0.5 acre 3 3 64 2 3 51