Is Sierra Madre, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sierra Madre is a seller's market

Buyer's
Market

Difference Since October 2020

Since last year, Sierra Madre has remained a Seller's Market.

Key Takeaway

Sierra Madre is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sierra Madre, CA cost?

Median Sold Price

$1,205,000

$677/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2020

+$225,000(+23.0%)

Key Takeaway

Homes in Sierra Madre have sold for 23% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2020Oct 2021%
1 $625K$852.5K
+36.4%
2 $725.7K$795K
+9.5%
3 $990K$1.2M
+21.9%
4 $1.5M$1.5M
+2.0%
5+ $1.6M$1.8M
+11.6%

Median Sold Price Compared To Nearby Cities

South Antelope Valley
+29.9%
Sierra Madre
+23.0%
Upper San Gabriel Valley
+16.6%
Arcadia
+11.7%
Pasadena
+8.8%

How many homes are available in Sierra Madre, CA?

Number of Homes For Sale

Sep 2021Oct 2021%
3723-37.8%

Homes For Sale By Bedroom Count

# BEDSSep 2021Oct 2021%
1 22
0.0%
2 42
-50.0%
3 127
-41.7%
4 108
-20.0%
5+ 94
-55.6%

Number of Homes Sold

Sep 2021Oct 2021%
1714-17.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sierra Madre, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Average Sale Time

Oct 2020Oct 2021%
9 Days13 Days+45.9%

Breakdown of Home Sale Times

13 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 Sierra Madre are selling fast, if you're buying plan to act quickly.

About Sierra Madre, CA

Homes for sale in Sierra Madre, CA have reached 23. The number of listings in Sierra Madre, CA decreased by 37.8% between September 2021 and October 2021. While the average time on the market in October 2021 was 13 days, the median list price was $1,205,000. From September 2021 through October 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 36.4%, the cost of 2 bedrooms properties went up by 9.5%, 3 bedrooms properties prices increased by 21.9%, the cost of 4 bedrooms properties went up by 2%, prices of 5 bedrooms properties increased by 11.6%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 50% less available, 3 bedrooms homes inventory decreased by 41.7%, 4 bedrooms homes inventory decreased by 20%, volume of 5 bedrooms homes went down by 55.6%. In October 2021 more than 10 listings in Sierra Madre, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.

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