Is La Canada Flintridge, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Canada Flintridge is a buyer's market

Buyer's
Market

Difference Since January 2023

At the same time last year, La Canada Flintridge was a Seller's Market.

Key Takeaway

La Canada Flintridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in La Canada Flintridge, CA

How much do homes in La Canada Flintridge, CA cost?

Median Sold Price

$2,347,500

$888/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

+$77,500(+3.4%)

Key Takeaway

Homes in La Canada Flintridge have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in La Canada Flintridge was $2,347,500 in January 2024, up 3.4% from last year, and the median price per square foot was $888.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 --
N/A
2 $1.2M$1.2M
-2.0%
3 $1.7M$1.9M
+9.2%
4 $2.6M$2.5M
-1.9%
5+ $3.8M$3.6M
-4.7%

Summary: La Canada Flintridge housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Cities

Pasadena
+4.6%
La Canada Flintridge
+3.4%
Glendale
+2.1%
Altadena
+0.9%
La Crescenta
0%

Housing Supply in La Canada Flintridge, CA

How many homes are available in La Canada Flintridge, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
3633-8.3%

Summary: The La Canada Flintridge real estate market had 33 homes for sale in January 2024, a 8.3% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 33
0.0%
3 138
-38.5%
4 109
-10.0%
5+ 1013
+30.0%

Summary: The La Canada Flintridge housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 38.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 30%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
164-75.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Canada Flintridge, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in La Canada Flintridge in January 2024, down by 75.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for La Canada Flintridge, CA

How long does it take to sell a home in La Canada Flintridge, CA?

Average Sale Time

Jan 2023Jan 2024CHANGE
44 Days17 Days-60.4%

Summary: Homes in La Canada Flintridge had an average of 17 days on market in Jan 2024, down by 60.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Canada Flintridge are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 4 homes were sold in La Canada Flintridge; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in La Canada Flintridge, CA

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