DPP | Compass' Market Report

Sierra Madre, CA

Single-Family Homes

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



Sierra Madre, CA

Tue Mar 19 2024
This week the median list price for Sierra Madre, CA is $1,580,000 with the market action index hovering around 38. This is an increase over last month's market action index of 32. Inventory has increased to 11. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Sierra Madre, CA

Tue Mar 19 2024
This week the median list price for Sierra Madre, CA is $1,580,000 with the market action index hovering around 38. This is an increase over last month's market action index of 32. Inventory has increased to 11. 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 not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Sierra Madre market.
Median List Price $1,580,000
Median Price of New Listings $1,498,000
Per Square Foot $851
Average Days on Market 87
Median Days on Market 42
Price Decreased 27%
Price Increased 0%
Relisted 18%
Inventory 11
Median Rent
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
$3,148,500 3,870 0.25 - 0.5 acre 4 4 24 0 0 112
$2,200,000 2,909 8,000 - 10,000 sqft 4 5 77 0 0 42
$1,498,000 2,412 0.25 - 0.5 acre 3 2 74 2 1 70
$1,200,000 1,273 4,500 - 6,500 sqft 3 1 87 1 1 7