Justin Tye

Descanso, CA

Single-Family Homes

Active Realty I REAL



Descanso, CA

Fri May 24 2024
This week the median list price for Descanso, CA is $1,089,950 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 6. Click here to stay informed with the Descanso 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.

Descanso, CA

Fri May 24 2024
This week the median list price for Descanso, CA is $1,089,950 with the market action index hovering around 48. This is an increase over last month's market action index of 46. Inventory has increased to 6. Click here to stay informed with the Descanso 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 Descanso market.
Median List Price $1,089,950
Median Price of New Listings $1,224,894
Per Square Foot $415
Average Days on Market 62
Median Days on Market 21
Price Decreased 17%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 48
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
$3,500,000 5,904 10 - 20 acres 6 7.5 18 0 0 98
$1,499,888 3,153 5 - 10 acres 3 2 38 1 0 28
$1,089,950 3,794 2.5 - 5 acres 3 3.5 35 0 1 119
$912,450 2,628 N/A 3 3 18 1 0 3