Single-Family Homes
Fri Apr 23 2021
This week the median list price for San Dimas, CA is $1,050,000 with the market action index hovering around 75. This is less than last month's market action index of 77. Inventory has held steady at or around 17.
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.
Median List Price | $1,050,000 | |
Per Square Foot | $390 | |
Days on Market | 14 | |
Price Decreased | 24% | |
Price Increased | 6% | |
Relisted | 12% | |
Inventory | 17 | |
Median Rent | $3,050 | |
Most Expensive | $2,788,000 | |
Least Expensive | $653,950 | |
Market Action | 75 | |
Strong Seller's Market |
This week prices bumped up a bit but the trend of recent weeks is generally downward. A pickup in demand will be reflected in the Market Action Index, so watch that chart to try to identify a change in the market.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,339,500 | 5,976 | 1 - 2.5 acres | 5 | 5 | 31 | 0 | 0 | 45 |
$1,674,999 | 3,497 | 1 - 2.5 acres | 4 | 4 | 47 | 0 | 1 | 231 |
$946,500 | 2,394 | 0.25 - 0.5 acre | 4 | 3 | 45 | 0 | 3 | 21 |
$675,000 | 1,425 | 8,000 - 10,000 sqft | 3 | 2 | 58 | 3 | 4 | 0 |