DPP | Compass' Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Fri Dec 01 2023
This week the median list price for Altadena, CA is $1,349,900 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has decreased to 31. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Altadena, CA

Fri Dec 01 2023
This week the median list price for Altadena, CA is $1,349,900 with the market action index hovering around 60. This is about the same as last month's market action index of 60. Inventory has decreased to 31. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Altadena market.
Median List Price $1,349,900
Median Price of New Listings $1,050,000
Per Square Foot $744
Average Days on Market 78
Median Days on Market 49
Price Decreased 42%
Price Increased 6%
Relisted 19%
Inventory 31
Median Rent
Market Action 60
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$3,195,000 4,652 0.5 - 1 acre 6 6 92 0 0 70
$1,687,500 2,340 8,000 - 10,000 sqft 4 3 46 1 2 56
$1,170,000 1,464 6,500 - 8,000 sqft 3 2 74 1 2 14
$907,499 1,185 4,500 - 6,500 sqft 2 1.5 80 2 3 119