Deasy Penner Podley's Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Thu Feb 20 2020
This week the median list price for Altadena, CA is $1,274,000 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has held steady at or around 30. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Altadena, CA

Thu Feb 20 2020
This week the median list price for Altadena, CA is $1,274,000 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has held steady at or around 30. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Altadena market.
Median List Price $1,274,000
Per Square Foot $592
Days on Market 54
Price Decreased 10%
Price Increased 7%
Relisted 0%
Inventory 30
Median Rent $3,600
Most Expensive $3,995,000
Least Expensive $605,000
Market Action 58
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$2,395,000 3,934 0.25 - 0.5 acre 5 4 64 2 0 61
$1,600,000 3,198 8,000 - 10,000 sqft 4 4 23 0 0 44
$869,000 1,555 6,500 - 8,000 sqft 3 2 69 1 1 70
$672,500 1,037 6,500 - 8,000 sqft 2 1 88 2 1 39