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

Wed May 27 2020
This week the median list price for La Canada Flintridge, CA is $2,659,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 74. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

La Canada Flintridge, CA

Wed May 27 2020
This week the median list price for La Canada Flintridge, CA is $2,659,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has held steady at or around 74. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the La Canada Flintridge market.
Median List Price $2,659,000
Per Square Foot $729
Days on Market 111
Price Decreased 24%
Price Increased 3%
Relisted 14%
Inventory 74
Median Rent $4,173
Most Expensive $11,750,000
Least Expensive $1,090,000
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$4,965,000 7,372 1 - 2.5 acres 5 6 54 5 0 185
$3,074,000 4,456 0.5 - 1 acre 5 4 70 3 1 133
$2,158,000 3,013 0.25 - 0.5 acre 4 4 70 6 5 52
$1,628,000 2,502 0.25 - 0.5 acre 3 3 69 5 4 77