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 Jul 06 2022
This week the median list price for Sierra Madre, CA is $1,732,450 with the market action index hovering around 64. This is an increase over last month's market action index of 59. Inventory has decreased to 8. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Sierra Madre, CA

Wed Jul 06 2022
This week the median list price for Sierra Madre, CA is $1,732,450 with the market action index hovering around 64. This is an increase over last month's market action index of 59. Inventory has decreased to 8. 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.

Real-Time Market Profile

Never miss important changes in the Sierra Madre market.
Median List Price $1,732,450
Median Price of New Listings $0
Per Square Foot $764
Average Days on Market 117
Median Days on Market 39
Price Decreased 38%
Price Increased 13%
Relisted 13%
Inventory 8
Median Rent
Market Action 64
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,793,500 4,158 0.25 - 0.5 acre 6 5 67 0 0 70
$2,135,000 2,946 0.5 - 1 acre 4 4 34 0 0 339
$1,424,950 1,661 6,500 - 8,000 sqft 3 2 80 0 1 28
$1,244,000 1,427 0.25 - 0.5 acre 3 2 77 0 1 31