Mountain Views News, Pasadena Edition [Sierra Madre] Saturday, March 23, 2019

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12

 Mountain Views News Saturday, March 23, 2019 

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This Week Median List Price: $1,480,000This week the market action index is hovering around 28. This is less than last 
month’s market action index of 31. Inventory has held steady at or around 30.
. Today
. Last MonthReal-Time Market ProfileMedian List Price$1,480,000Per Square Foot$555Days on Market157Price Decreased43%
Price Increased7%
Relisted13%
Inventory30Median House Rent$2,550Most Expensive$2,900,000Least Expensive$598,000Market Action Index 
Slight Buyer'sAdvantage28Deasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.comSierra Madre, CASingle-Family HomesThis week the median list price for Sierra Madre, CA is $1,480,000 withthe market action index hovering around 28. This is less than lastmonth's market action index of 31. Inventory has held steady at oraround 30.
Market Action IndexThe Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30 impliesSeller's Market conditions. Below 30, conditions favor the buyer.
100028Slight Buyer's AdvantageThe Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues togrow relative to demand however, it is likely that we will see downwardpressure on pricing.
Median List PriceAvg 7-DayAvg 90-DayMar 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018$800K$1.0M$1.2M$1.4M$1.6MMarket SegmentsEach segment below represents approximately 25% of the market ordered by price.
Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM$2,399,8803,6000.25 - 0.5 acre44NaN00139$1,599,0003,5000.25 - 0.5 acre54NaN10303$1,370,0002,9910.25 - 0.5 acre43NaN0286$933,9001,4286,500 - 8,000 sqft32NaN001171 of 1Thu Mar 21 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.
Median List PriceThis Week’s Market Update // Sierra Madre
Call 626.507.3029 For More Information 
Sierra Madre | 2br/1baComing Soon!
Market Action IndexThe Market Action Index answers the question “How’s the 
Market?” by measuring the current rate of sale versus the amount 
of the inventory. Above 30 implies Seller’s Market conditions. 
Below 30, conditions favor the buyer.
. Today
. Last MonthReal-Time Market ProfileMedian List Price$Square Foot$on Market157Price Decreased43%
Price Increased7%
Relisted13%
Inventory30Median House Rent$Expensive$Expensive$Action Index 
Slight Buyer'sAdvantage28Deasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.comSierra Madre, CASingle-Family HomesThis week the median list price for Sierra Madre, CA is $1,480,000 withthe market action index hovering around 28. This is less than lastmonth's market action index of 31. Inventory has held steady at oraround 30.
Market Action IndexThe Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30 impliesSeller's Market conditions. Below 30, conditions favor the buyer.
100028Slight Buyer's AdvantageThe Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues togrow relative to demand however, it is likely that we will see downwardpressure on pricing.
Median List PriceAvg 7-DayAvg 90-DayMar 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018$800K$1.0M$1.2M$1.4M$1.6MMarket SegmentsEach segment below represents approximately 25% of the market ordered by price.
Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM$2,399,8803,6000.25 - 0.5 acre44NaN00139$1,599,0003,5000.25 - 0.5 acre54NaN10303$1,370,0002,9910.25 - 0.5 acre43NaN0286$933,9001,4286,500 - 8,000 sqft32NaN001171 Mar 21 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.
MAI has been trending lower for weeks 
while prices have remained relatively 
stable. If inventory continues to grow 
relative to demand, it is likely that we will 
see downward pressure on pricing.
Slight Buyer’s Advantage
. Today
. Last MonthReal-Time Market ProfileMedian List Price$1,480,000Per Square Foot$555Days on Market157Price Decreased43%
Price Increased7%
Relisted13%
Inventory30Median House Rent$2,550Most Expensive$2,900,000Least Expensive$598,000Market Action Index 
Slight Buyer'sAdvantage28Deasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.comSierra Madre, CASingle-Family HomesThis week the median list price for Sierra Madre, CA is $1,480,000 withthe market action index hovering around 28. This is less than lastmonth's market action index of 31. Inventory has held steady at oraround 30.
Market Action IndexThe Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30 impliesSeller's Market conditions. Below 30, conditions favor the buyer.
100028Slight Buyer's AdvantageThe Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues togrow relative to demand however, it is likely that we will see downwardpressure on pricing.
Median List PriceAvg 7-DayAvg 90-DayMar 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018$800K$1.0M$1.2M$1.4M$1.6MMarket SegmentsEach segment below represents approximately 25% of the market ordered by price.
Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM$2,399,8803,6000.25 - 0.5 acre44NaN00139$1,599,0003,5000.25 - 0.5 acre54NaN10303$1,370,0002,9910.25 - 0.5 acre43NaN0286$933,9001,4286,500 - 8,000 sqft32NaN001171 of 1Thu Mar 21 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.
Real-Time Market Profile
. Today
. Last MonthReal-Time Market ProfileMedian List Price$1,480,000Per Square Foot$555Days on Market157Price Decreased43%
Price Increased7%
Relisted13%
Inventory30Median House Rent$2,550Most Expensive$2,900,000Least Expensive$598,000Market Action Index 
Slight Buyer'sAdvantage28Deasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.comSierra Madre, CASingle-Family HomesThis week the median list price for Sierra Madre, CA is $1,480,000 withthe market action index hovering around 28. This is less than lastmonth's market action index of 31. Inventory has held steady at oraround 30.
Market Action IndexThe Market Action Index answers the question "How's the Market?" by measuringthe current rate of sale versus the amount of the inventory. Index above 30 impliesSeller's Market conditions. Below 30, conditions favor the buyer.
100028Slight Buyer's AdvantageThe Market Action Index has been trending lower for several weekswhile prices have remained relatively stable. If inventory continues togrow relative to demand however, it is likely that we will see downwardpressure on pricing.
Median List PriceAvg 7-DayAvg 90-DayMar 2016Aug 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018$800K$1.0M$1.2M$1.4M$1.6MMarket SegmentsEach segment below represents approximately 25% of the market ordered by price.
Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM$2,399,8803,6000.25 - 0.5 acre44NaN00139$1,599,0003,5000.25 - 0.5 acre54NaN10303$1,370,0002,9910.25 - 0.5 acre43NaN0286$933,9001,4286,500 - 8,000 sqft32NaN001171 of 1Thu Mar 21 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc.
Market Segments
Call 626.507.3029 For More Information 
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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