Deasy Penner Podley's Market Report

Sierra Madre, CA

Single-Family Homes

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



Sierra Madre, CA

Mon Mar 01 2021
This week the median list price for Sierra Madre, CA is $1,950,000 with the market action index hovering around 50. This is an increase over last month's market action index of 42. Inventory has held steady at or around 7. Click here to stay informed with the Sierra Madre market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Sierra Madre, CA

Mon Mar 01 2021
This week the median list price for Sierra Madre, CA is $1,950,000 with the market action index hovering around 50. This is an increase over last month's market action index of 42. Inventory has held steady at or around 7. Click here to stay informed with the Sierra Madre market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Sierra Madre market.
Median List Price $1,950,000
Per Square Foot $705
Days on Market 84
Price Decreased 0%
Price Increased 14%
Relisted 14%
Inventory 7
Median Rent $3,195
Most Expensive $2,990,000
Least Expensive $765,000
Market Action 50
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
$2,990,000 10,000 0.5 - 1 acre 10 11 133 0 0 469
$2,092,500 2,894 0.5 - 1 acre 4 4 47 0 0 52
$1,694,500 2,348 6,500 - 8,000 sqft 3 3 22 0 0 91
$820,000 1,034 4,500 - 6,500 sqft 2 1 88 2 2 42