Is La Canada Flintridge, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$2,390,500
$933/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in La Canada Flintridge have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in La Canada Flintridge was $2,390,500 in June 2024, up 6.2% from last year, and the median price per square foot was $933.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $2.2M | N/A |
| 2 Bedrooms | $1.2M | $1.6M | +36.1% |
| 3 Bedrooms | $1.7M | $1.8M | +6.0% |
| 4 Bedrooms | $2.4M | $2.6M | +9.0% |
| 5+ Bedrooms | $3.6M | $4.0M | +13.1% |
Summary: La Canada Flintridge housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Pasadena | $1.0M | $1.2M | +12.0% |
| La Crescenta | $1.1M | $1.2M | +8.3% |
| Altadena | $1.2M | $1.3M | +6.6% |
| La Canada Flintridge | $2.2M | $2.3M | +6.2% |
| Glendale | $1.1M | $1.1M | +4.6% |
Housing Supply in La Canada Flintridge, CA
How many homes are available in La Canada Flintridge, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 63 | 59 | -6.3% |
Summary: The La Canada Flintridge real estate market had 59 homes for sale in June 2024, a 6.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 26 | 20 | -23.1% |
| 4 Bedrooms | 18 | 19 | +5.6% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The La Canada Flintridge housing inventory by bedroom type for June 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 23.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 7 | -61.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Canada Flintridge, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in La Canada Flintridge in June 2024, down by 61.1% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 26 Days | 64 Days | +143.9% |
Summary: Homes in La Canada Flintridge had an average of 64 days on market in Jun 2024, up by 143.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in La Canada Flintridge are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 7 homes were sold in La Canada Flintridge; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.