Deasy Penner Podley's Market Report

La Canada Flintridge, CA

Single-Family Homes

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La Canada Flintridge, CA

Wed Oct 20 2021
This week the median list price for La Canada Flintridge, CA is $2,550,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has decreased to 29. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

La Canada Flintridge, CA

Wed Oct 20 2021
This week the median list price for La Canada Flintridge, CA is $2,550,000 with the market action index hovering around 58. This is an increase over last month's market action index of 56. Inventory has decreased to 29. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the La Canada Flintridge market.
Median List Price $2,550,000
Median Price of New Listings $1,497,500
Per Square Foot $756
Average Days on Market 90
Median Days on Market 28
Price Decreased 28%
Price Increased 3%
Relisted 3%
Inventory 29
Median Rent $5,600
Market Action 58
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$5,875,000 7,194 0.5 - 1 acre 5 6 53 0 0 168
$2,850,000 4,056 0.5 - 1 acre 4 3 61 1 2 28
$2,288,880 3,022 0.25 - 0.5 acre 4 3 67 0 0 56
$1,372,500 1,724 0.25 - 0.5 acre 3 2 64 5 1 0