Deasy Penner Podley's Market Report

Sierra Madre, CA

Single-Family Homes

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



Sierra Madre, CA

Wed Sep 22 2021
This week the median list price for Sierra Madre, CA is $2,149,000 with the market action index hovering around 80. This is an increase over last month's market action index of 71. Inventory has decreased to 5. 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

Wed Sep 22 2021
This week the median list price for Sierra Madre, CA is $2,149,000 with the market action index hovering around 80. This is an increase over last month's market action index of 71. Inventory has decreased to 5. 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 $2,149,000
Median Price of New Listings $1,150,000
Per Square Foot $697
Average Days on Market 83
Median Days on Market 21
Price Decreased 40%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent $3,495
Market Action 80
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$3,200,000 2,640 1 - 2.5 acres 4 3 82 0 1 21
$2,499,000 3,152 2.5 - 5 acres 3 4 56 0 0 77
$2,149,000 3,106 8,000 - 10,000 sqft 4 4 15 0 1 287
$1,475,000 2,426 0.25 - 0.5 acre 4 2 55 1 2 14