Deasy Penner Podley's Market Report

Altadena, CA

Single-Family Homes

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



Altadena, CA

Tue Sep 22 2020
This week the median list price for Altadena, CA is $995,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has held steady at or around 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

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

Tue Sep 22 2020
This week the median list price for Altadena, CA is $995,000 with the market action index hovering around 72. This is an increase over last month's market action index of 70. Inventory has held steady at or around 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

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 $995,000
Per Square Foot $589
Days on Market 58
Price Decreased 19%
Price Increased 0%
Relisted 19%
Inventory 31
Median Rent $3,600
Most Expensive $4,675,000
Least Expensive $329,000
Market Action 72
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,180,000 3,511 0.5 - 1 acre 4 4 64 2 0 81
$1,262,000 1,948 0.25 - 0.5 acre 3 2 72 0 0 35
$884,000 1,565 8,000 - 10,000 sqft 3 2 87 3 1 70
$704,500 1,240 6,500 - 8,000 sqft 3 1 101 5 1 48