Market Report

La Crescenta, CA 91214

Single-Family Homes

Chartwell Escrow



La Crescenta, CA 91214

Tue Aug 09 2022
This week the median list price for La Crescenta, CA 91214 is $1,295,000 with the market action index hovering around 72. This is less than last month's market action index of 77. Inventory has decreased to 27. Click here to stay informed with the La Crescenta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

La Crescenta, CA 91214

Tue Aug 09 2022
This week the median list price for La Crescenta, CA 91214 is $1,295,000 with the market action index hovering around 72. This is less than last month's market action index of 77. Inventory has decreased to 27. Click here to stay informed with the La Crescenta market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the La Crescenta market.
Median List Price $1,295,000
Median Price of New Listings $987,499
Per Square Foot $783
Average Days on Market 37
Median Days on Market 21
Price Decreased 59%
Price Increased 4%
Relisted 15%
Inventory 27
Median Rent
Market Action 72
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,007,000 3,094 0.25 - 0.5 acre 4 3.5 59 0 1 21
$1,399,000 1,860 8,000 - 10,000 sqft 4 2 70 0 1 21
$1,179,000 1,630 6,500 - 8,000 sqft 3 2 70 1 3 28
$949,000 1,132 4,500 - 6,500 sqft 3 1.5 94 3 4 28