Deasy Penner Podley's Market Report

Sierra Madre, CA

Single-Family Homes

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



Sierra Madre, CA

Thu Feb 20 2020
This week the median list price for Sierra Madre, CA is $1,150,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Sierra Madre, CA

Thu Feb 20 2020
This week the median list price for Sierra Madre, CA is $1,150,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 27. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Sierra Madre market.
Median List Price $1,150,000
Per Square Foot $614
Days on Market 183
Price Decreased 22%
Price Increased 4%
Relisted 15%
Inventory 27
Median Rent $3,825
Most Expensive $3,200,000
Least Expensive $699,000
Market Action 31
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
$1,939,000 3,534 0.25 - 0.5 acre 4 4 72 0 0 354
$1,350,000 2,304 8,000 - 10,000 sqft 4 3 58 0 0 235
$1,095,000 1,641 0.25 - 0.5 acre 3 2 73 0 0 122
$759,000 1,026 6,500 - 8,000 sqft 2 1 96 3 1 43