Deasy Penner Podley's Market Report

Altadena, CA

Single-Family Homes

www.dppre.com | 626.795.6262 | info@dppre.com



Altadena, CA

Fri May 27 2022
This week the median list price for Altadena, CA is $1,237,500 with the market action index hovering around 93. This is an increase over last month's market action index of 90. Inventory has decreased to 18. Click here to stay informed with the Altadena market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Altadena, CA

Fri May 27 2022
This week the median list price for Altadena, CA is $1,237,500 with the market action index hovering around 93. This is an increase over last month's market action index of 90. Inventory has decreased to 18. Click here to stay informed with the Altadena market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Altadena market.
Median List Price $1,237,500
Median Price of New Listings $1,171,500
Per Square Foot $791
Average Days on Market 35
Median Days on Market 11
Price Decreased 22%
Price Increased 11%
Relisted 11%
Inventory 18
Median Rent
Market Action 93
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,772,500 2,701 0.25 - 0.5 acre 3 3 98 2 2 17
$1,324,000 1,455 6,500 - 8,000 sqft 3 2 74 1 2 24
$1,150,000 1,209 8,000 - 10,000 sqft 3 2 82 1 2 56
$900,000 1,250 8,000 - 10,000 sqft 3 2 83 2 4 7