Mountain Views News, Sierra Madre Edition [Pasadena] Saturday, October 13, 2018

MVNews this week:  Page A:10

F.Y.I.

10

 Mountain Views News Saturday, October 13, 2018 

Let us be a part of your Real Estate Story // 626.695.8650Top Producing Agent...Year After Year“The Pessimist Sees Difficulty In Every Opportunity. The Optimist Sees Opportunity In Every Difficulty.” — Winston Churchill2329 Warwick Avenue 
Los Angeles //
2329Warwick.com2BR/1BA. Offers a large enclosed 
patio w/fireplace, large deck, 2-car 
garage. 888 sf home on a 4,800 sf lot.
1507 Wesley AvenuePasadena // 
Visit Tsinoglou.com for more infoFour Updated Units on the Property.
Two 2BR/1BA & One 1BR/1BASeparate Office with Bath.
Sold!Available Now!
752 Ocean View Avenue 
Monrovia //
Visit Tsinoglou.com for more infoBeautifully Updated DuplexFront Unit: 3BR/2BA (For Lease)
Large Back Unit: 1BR/1BA245 Sturtevant DriveSierra Madre // 
Visit Tsinoglou.com for more infoCharming 2BR/2BA, offering wood 
floors, laundry hook-ups, new interior 
and exterior paint. Approx 950 sf.
480 E. Grandview AvenueSierra Madre // 
Visit Tsinoglou.com for more info3BR/2BA. Sited on a 9,420 sf lot, dual 
fireplace dividing the living room and 
great room, custom backyard deck.
Leasing NowLease Coming Soon44 Ross PlaceSierra Madre // 
Visit Tsinoglou.com for more info3BR/2BA Traditional.
Offers 1,754 sf of living space on a 7,487 sf 
lot with a pool, 2-car garage.
In Escrow!
Available Now!
Leasing NowLuther & Georgina 
TsinoglouReal Estate Experts You Can Trust(626) 507-3029 
Luther@Tsinoglou.com 
www.tsinoglou.com#01135433 #01393982We are currently working with qualified 
investors ready to buy! 
Call us TODAY for a 
NO OBLIGATION CONSULTATION! 
We look forward to talking with you!
Market Data obtained by by Altos Research, LLC. Podley Properties® does not guarantee the accuracy of room dimensions, square footage, lot size, or other information regarding the condition or features of the property provided by 
the seller or obtained from public records or other sources. Buyer is advised to verify that information through personal inspection with the appropriate professionals. ©2018 Podley Properties. All rights reserved. 
The Market Action Index answers the question “How’s the Market?” 
by measuring the current rate of sale versus the amount of the 
inventory. Index above 30 implies Seller’s Market conditions. Below 
30, conditions favor the buyer.
This Week Median List Price: $1,079,000The Market Action Index has been climbing lately while 
days-on-market are trending down, these point to a positive 
near-term outlook for the market.
Supply & DemandIn the last few weeks, the Market Action Index has resumed a climb.
Despite the fact that we’re in a Seller’s market, prices have not yet 
resumed upward momentum. However, it is likely that given these 
conditions, prices will at least level off very soon. If the increasingtrend continues, expect that prices could shift higher quickly.
Market Action Index5803588182.0562.021823.0856030.25 - 0.50acre96$ 973,5001194.56,501 -
8,000 sqft14.010744,501 -
6,500 sqft8$ 721,0004.0890.25 - 0.50acre$ 1,491,9444.0$ 1,832,5004312760Again this week we see a downward notch for prices. Pricing hasbeen weak in recent weeks and versus their absolute-high levels.
The Market Action Index is a good leading indicator for thedurability of this trend.
In the last few weeks, the Market Action Index has resumed a climb.
Despite the fact that we're in a Seller's market, prices have not yetresumed upward momentum. However, it is likely that given theseconditions, prices will at least level off very soon. If the increasingtrend continues, expect that prices could shift higher quickly.
The Market Action Index has been climbing lately while days-on-
market are trending down, these point to a positive near-termoutlook for the market.
SIERRA MADRE, CAPodley Properties'Executive Summary816982.0Monday October 8, 2018The median list price in SIERRA MADRE, CA this week is $1,079,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size36.0Percent Relisted (reset DOM)
20903.09 %
Median Number of Bathrooms85Median List PriceAverage Days on Market (DOM)
$ 575Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 1,079,00039 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot9 %
Percent of Properties with Price DecreaseSeller's Advantage≠≠
=
≠
=
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling AveragePriceReal-Time Market ProfileTrendAgain this week we see a downward notch for prices. Pricing has 
been weak in recent weeks & versus their absolute-high levels. 
The MAI is a good leading indicator for the durability of this trend.
Price Trends5803588182.0562.021823.0856030.25 - 0.50acre96$ 973,5001194.56,501 -
8,000 sqft14.010744,501 -
6,500 sqft8$ 721,0004.0890.25 - 0.50acre$ 1,491,9444.0$ 1,832,5004312760Again this week we see a downward notch for prices. Pricing hasbeen weak in recent weeks and versus their absolute-high levels.
The Market Action Index is a good leading indicator for thedurability of this trend.
In the last few weeks, the Market Action Index has resumed a climb.
Despite the fact that we're in a Seller's market, prices have not yetresumed upward momentum. However, it is likely that given theseconditions, prices will at least level off very soon. If the increasingtrend continues, expect that prices could shift higher quickly.
The Market Action Index has been climbing lately while days-on-
market are trending down, these point to a positive near-termoutlook for the market.
SIERRA MADRE, CAPodley Properties'Executive Summary816982.0Monday October 8, 2018The median list price in SIERRA MADRE, CA this week is $1,079,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size36.0Percent Relisted (reset DOM)
20903.09 %
Median Number of Bathrooms85Median List PriceAverage Days on Market (DOM)
$ 575Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 1,079,00039 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot9 %
Percent of Properties with Price DecreaseSeller's Advantage≠≠
=
≠
=
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling AverageQuartilesCharacteristics per QuartileInvestigate the market in quartiles, 
where each quartile is 25% of homes.
5803588182.0562.021823.0856030.25 - 0.50acre96$ 973,5001194.56,501 -
8,000 sqft14.010744,501 -
6,500 sqft8$ 721,0004.0890.25 - 0.50acre$ 1,491,9444.0$ 1,832,5004312760Again this week we see a downward notch for prices. Pricing hasbeen weak in recent weeks and versus their absolute-high levels.
The Market Action Index is a good leading indicator for thedurability of this trend.
In the last few weeks, the Market Action Index has resumed a climb.
Despite the fact that we're in a Seller's market, prices have not yetresumed upward momentum. However, it is likely that given theseconditions, prices will at least level off very soon. If the increasingtrend continues, expect that prices could shift higher quickly.
The Market Action Index has been climbing lately while days-on-
market are trending down, these point to a positive near-termoutlook for the market.
SIERRA MADRE, CAPodley Properties'Executive Summary816982.0Monday October 8, 2018The median list price in SIERRA MADRE, CA this week is $1,079,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size36.0Percent Relisted (reset DOM)
20903.09 %
Median Number of Bathrooms85Median List PriceAverage Days on Market (DOM)
$ 575Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 1,079,00039 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot9 %
Percent of Properties with Price DecreaseSeller's Advantage≠≠
=
≠
=
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling Average5803588182.0562.021823.0856030.25 - 0.50acre96$ 973,5001194.56,501 -
8,000 sqft14.010744,501 -
6,500 sqft8$ 721,0004.0890.25 - 0.50acre$ 1,491,9444.0$ 1,832,5004312760Again this week we see a downward notch for prices. Pricing hasbeen weak in recent weeks and versus their absolute-high levels.
The Market Action Index is a good leading indicator for thedurability of this trend.
In the last few weeks, the Market Action Index has resumed a climb.
Despite the fact that we're in a Seller's market, prices have not yetresumed upward momentum. However, it is likely that given theseconditions, prices will at least level off very soon. If the increasingtrend continues, expect that prices could shift higher quickly.
The Market Action Index has been climbing lately while days-on-
market are trending down, these point to a positive near-termoutlook for the market.
SIERRA MADRE, CAPodley Properties'Executive Summary816982.0Monday October 8, 2018The median list price in SIERRA MADRE, CA this week is $1,079,000.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size36.0Percent Relisted (reset DOM)
20903.09 %
Median Number of Bathrooms85Median List PriceAverage Days on Market (DOM)
$ 575Percent Flip (price increased)
8,001 - 10,000 sqftMedian House Size (sq ft)
$ 1,079,00039 %
3.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot9 %
Percent of Properties with Price DecreaseSeller's Advantage≠≠
=
≠
=
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling Average5803380922.0692.011153.0937300.25 - 0.50acre72$ 1,188,0001194.00.25 - 0.50acre24.012498,001 -
10,000 sqft8$ 849,0004.0730.25 - 0.50acre$ 1,494,0004.0$ 2,082,0007022691The market seems to have paused around this plateau. TheMarket Action Index is a good leading indicator for the durabilityof this trend.
The market has started cooling and prices have recently plateaued.
Since we're in the Seller's zone, watch for changes in MAI. If the MAIresumes its climb, prices will likely follow suit. If the MAI dropsconsistently or falls into the Buyer's zone, watch for downwardpressure on prices.
The Market Action Index has been trending down lately, whileinventory and days-on-market are climbing. The trends imply aweakening market.
SIERRA MADRE, CAPodley Properties'Executive Summary819822.0Monday July 2, 2018The median list price in SIERRA MADRE, CA this week is $1,273,500.
Investigate the market in quartiles -
where each quartile is 25% of homesordered by price.
Most expensive 25% of propertiesUpper-middle 25% of propertiesLower-middle 25% of propertiesLeast expensive 25% of propertiesQuartileMedian PriceLot SizeBedsBathsAgeInventoryNewAbsorbedDOMSq. Ft.
Podley Properties | www.Podley.com | 626.795.6262No changeStrong upward trendStrong downward trendSlight upward trendSlight downward trend±+==≠≠
≠=
Powered by Altos Research LLC | www.altosresearch.com | Copyright ©2005-2016 Altos Research LLCSingle Family HomesMedian Lot Size40.9Percent Relisted (reset DOM)
21863.06 %
Median Number of Bathrooms78Median List PriceAverage Days on Market (DOM)
$ 593Percent Flip (price increased)
0.25 - 0.50 acreMedian House Size (sq ft)
$ 1,273,50038 %
4.0Market Action IndexMedian Number of BedroomsAsking Price Per Square Foot12 %
Percent of Properties with Price DecreaseSeller's Advantage±+
=
=
≠
Bottom/FourthLower/ThirdUpper/SecondTop/FirstThis WeekSupply and DemandReal-Time Market ProfileTrendPricePrice TrendsMarket Action IndexThe Market Action Index answers the question "How's theMarket?" by measuring the current rate of sale versus theamount of the inventory. Index above 30 implies Seller'sMarket conditions. Below 30, conditions favor the buyer.
QuartilesCharacteristics per Quartile7-Day Rolling Average90-Day Rolling AverageBuyer/Seller Cutoff7-Day Rolling Average90-Day Rolling AverageSierra Madre // This Week’s Market Update 
Homes by Luther 
Walter Cailleteau, DVM Free Exam!
927 N. Michillinda Ave. For New Clients 
Pasadena, CA 91107 Bring this coupon to save! 
(626) 351-8863
Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com