Deasy Penner Podley's Market Report

Sierra Madre, CA

Single-Family Homes

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



Sierra Madre, CA

Sun Apr 05 2020
This week the median list price for Sierra Madre, CA is $1,000,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 21. 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.

Slight Seller's Advantage

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.

Sierra Madre, CA

Sun Apr 05 2020
This week the median list price for Sierra Madre, CA is $1,000,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has held steady at or around 21. 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.

Slight Seller's Advantage

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 Sierra Madre market.
Median List Price $1,000,000
Per Square Foot $624
Days on Market 181
Price Decreased 14%
Price Increased 5%
Relisted 10%
Inventory 21
Median Rent
Most Expensive $2,295,000
Least Expensive $649,000
Market Action 38
Slight Seller's Advantage

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
$1,898,000 3,428 0.25 - 0.5 acre 4 4 37 0 1 172
$1,398,000 2,677 8,000 - 10,000 sqft 4 3 58 1 0 438
$888,000 1,287 4,500 - 6,500 sqft 3 2 73 0 0 116
$694,000 1,009 0 - 4,500 sqft 2 1 103 2 2 29