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

Thu Feb 20 2020
This week the median list price for La Canada Flintridge, CA is $3,345,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 44. 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 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

Thu Feb 20 2020
This week the median list price for La Canada Flintridge, CA is $3,345,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 44. 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 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 $3,345,000
Per Square Foot $752
Days on Market 128
Price Decreased 36%
Price Increased 5%
Relisted 30%
Inventory 44
Median Rent $5,000
Most Expensive $11,750,000
Least Expensive $1,225,000
Market Action 38
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$8,690,000 9,533 1 - 2.5 acres 6 9 91 1 0 217
$3,800,000 5,100 0.5 - 1 acre 5 6 69 2 1 150
$3,000,000 4,072 0.5 - 1 acre 5 4 62 2 0 79
$1,700,000 1,893 0.25 - 0.5 acre 3 3 70 3 3 63