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

Tue Sep 27 2022
This week the median list price for La Canada Flintridge, CA is $3,800,000 with the market action index hovering around 44. This is less than last month's market action index of 54. Inventory has increased to 35. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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

Tue Sep 27 2022
This week the median list price for La Canada Flintridge, CA is $3,800,000 with the market action index hovering around 44. This is less than last month's market action index of 54. Inventory has increased to 35. 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 been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 $3,800,000
Median Price of New Listings $2,100,000
Per Square Foot $907
Average Days on Market 54
Median Days on Market 35
Price Decreased 40%
Price Increased 3%
Relisted 6%
Inventory 35
Median Rent
Market Action 44
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$7,495,000 7,591 0.5 - 1 acre 5 6.3 52 0 0 70
$4,379,000 5,761 0.5 - 1 acre 5 5.5 36 1 2 35
$2,475,000 2,766 0.25 - 0.5 acre 4 3 69 1 0 35
$1,695,000 1,723 0.25 - 0.5 acre 3 2 74 1 4 14