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 Sep 28 2020
This week the median list price for Sierra Madre, CA is $1,528,000 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has held steady at or around 13. 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

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

Mon Sep 28 2020
This week the median list price for Sierra Madre, CA is $1,528,000 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has held steady at or around 13. 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

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 $1,528,000
Per Square Foot $594
Days on Market 274
Price Decreased 31%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Most Expensive $3,200,000
Least Expensive $469,000
Market Action 46
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
$2,495,000 4,217 0.5 - 1 acre 4 4 78 0 0 135
$2,060,000 3,500 0.5 - 1 acre 4 3 72 0 0 686
$1,388,000 2,606 8,000 - 10,000 sqft 4 3 59 0 2 256
$964,500 1,170 0 - 4,500 sqft 3 1 70 0 3 80