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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, La Canada Flintridge has remained a Seller's Market.

Key Takeaway

La Canada Flintridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Canada Flintridge, CA

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

Median Sold Price

$2,400,000

$970/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$100,000(+4.3%)

Key Takeaway

Homes in La Canada Flintridge have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in La Canada Flintridge was $2,400,000 in November 2024, up 4.3% from last year, and the median price per square foot was $970.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$2.2M
N/A
2 $1.2M$1.7M
+38.2%
3 $1.9M$1.9M
-0.4%
4 $2.5M$2.8M
+10.3%
5+ $3.6M$4.0M
+11.5%

Summary: La Canada Flintridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 11.5%.

Median Sold Price Compared To Nearby Cities

Pasadena
+8.7%
Altadena
+7.7%
La Crescenta
+6.0%
La Canada Flintridge
+4.3%
Glendale
+0.9%

Housing Supply in La Canada Flintridge, CA

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4939-20.4%

Summary: The La Canada Flintridge real estate market had 39 homes for sale in November 2024, a 20.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2110
-52.4%
4 1216
+33.3%
5+ 1411
-21.4%

Summary: The La Canada Flintridge housing inventory by bedroom type for November 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 52.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1912-36.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in La Canada Flintridge in November 2024, down by 36.8% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
25 Days38 Days+50.3%

Summary: Homes in La Canada Flintridge had an average of 38 days on market in Nov 2024, up by 50.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 12 homes were sold in La Canada Flintridge; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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 3 Days Ago

Newest Listings in La Canada Flintridge, CA

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