| F. Y. I. | ||||||||||||||||||
| Mountain Views News, Combined Edition Saturday, December 14, 2019 | ||||||||||||||||||
| ||||||||||||||||||
|
16 F.Y.I. Mountain Views News Saturday, December 14, 2019 Top Producing Agent...Year After Year Luther Tsinoglou626.695.8650 luther@tsinoglou.com tsinoglou.com Agent lic #01135433 | Broker lic #01514230A Real Estate Expert You Can TrustReal-Time Market ProfileMedian List Price$998,000Per Square Foot$493Days on Market93Price Decreased51% Price Increased4% Relisted13% Inventory45Median Rent$2,898Most Expensive$4,890,000Least Expensive$573,000Market Action41Slight Seller's AdvantageDeasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.com Monrovia, CASingle-Family HomesThis week the median list price for Monrovia, CA is $998,000 with themarket action index hovering around 41. This is about the same as lastmonth's market action index of 41. Inventory has held steady at oraround 45. Market Action IndexThis answers “How’s the Market?” by comparing rate of sales versus inventory. Buyer'sMarketSeller'sMarket0102030405060708090100TodayLast Month4141Slight Seller's AdvantageThe market has started cooling and prices have been flat for severalweeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If theMAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Median List Price 7-Day Avera e90-Day Avera eDec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018Apr 2019Aug 2019Dec 2019$600K$700K$800K$900K$1.0M$1.1MMarket SegmentsEach segment below represents approximately 25% of the market ordered by price. Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM$1,798,0003,6200.25 - 0.5 acre541510166$1,138,0002,3738,000 - 10,000 sqft42410038$939,0001,8656,500 - 8,000 sqft31682191$702,5001,3206,500 - 8,000 sqft316914741 of 1Thu Dec 12 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc. Monrovia :: Single Family HomesReal-Time Market ProfileMedian List Price$1,158,000Per Square Foot$606Days on Market138Price Decreased42% Price Increased3% Relisted23% Inventory31Median Rent$4,200Most Expensive$3,200,000Least Expensive$725,000Market Action34Slight Seller's AdvantageDeasy Penner Podley's Market Reportwww.dppre.com | 626.795.6262 | info@dppre.com Sierra Madre, CASingle-Family HomesThis week the median list price for Sierra Madre, CA is $1,158,000 withthe market action index hovering around 34. This is about the same aslast month's market action index of 34. Inventory has held steady at oraround 31. Market Action IndexThis answers “How’s the Market?” by comparing rate of sales versus inventory. Buyer'sMarketSeller'sMarket0102030405060708090100TodayLast Month3434Slight Seller's AdvantageThe market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAIdrops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Median List Price 7-Day Avera e90-Day Avera eDec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018Apr 2019Aug 2019Dec 2019$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$1,795,0003,5000.5 - 1 acre447100226$1,296,5002,1990.25 - 0.5 acre335900186$1,112,5001,6418,000 - 10,000 sqft32720254$893,0001,4636,500 - 8,000 sqft327210961 of 1Thu Dec 12 2019Powered by Altos Research, Inc. | www.altos.re | Copyright © 2019 Altos Research, Inc. Sierra Madre :: Single Family Homes 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 | ||||||||||||||||||
| |
