Deasy Penner Podley's Market Report

Sierra Madre, CA

Single-Family Homes

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



Current active inventory in Sierra Madre, CA is very low. Keep this in mind when looking at this report.

Sierra Madre, CA

Mon Jan 17 2022
This week the median list price for Sierra Madre, CA is $1,868,888 with the market action index hovering around 70. This is less than last month's market action index of 76. Inventory has decreased to 3. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sierra Madre, CA

Mon Jan 17 2022
This week the median list price for Sierra Madre, CA is $1,868,888 with the market action index hovering around 70. This is less than last month's market action index of 76. Inventory has decreased to 3. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sierra Madre market.
Median List Price $1,868,888
Median Price of New Listings $0
Per Square Foot $588
Average Days on Market 65
Median Days on Market 49
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent $3,850
Market Action 70
Strong Seller's Market

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
$1,868,888 3,175 0.25 - 0.5 acre 4 4.5 22 0 0 49
$2,350,000 4,329 0.25 - 0.5 acre 5 5 NaN 0 0 105
$1,868,888 3,175 0.25 - 0.5 acre 4 4 22 0 0 42
$450,000 180 4,500 - 6,500 sqft NaN 0 NaN 0 0 49