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

Housing Market Conditions



Gauge showing Sierra Madre is a seller's market


Difference Since August 2022

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.

Housing Prices

How much do homes in Sierra Madre, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Sierra Madre have sold for 8.9% less than they did a year ago.

Summary: The median home sold price in Sierra Madre was $1,275,000 in August 2023, down 8.9% from last year, and the median price per square foot was $740.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $1.4M$736.5K
2 $890K$900K
3 $1.3M$1.3M
4 $1.6M$2.1M
5+ $2.1M$2.5M

Summary: Sierra Madre housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 47.8%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Cities

Upper San Gabriel Valley
South Antelope Valley
Sierra Madre

Housing Supply

How many homes are available in Sierra Madre, CA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Sierra Madre real estate market had 25 homes for sale in August 2023, a 3.8% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 11
2 55
3 1010
4 87
5+ 22

Summary: The Sierra Madre housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 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. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Sierra Madre in August 2023, down by 45.5% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.

Days on Market

How long does it take to sell a home in Sierra Madre, CA?

Average Sale Time

Aug 2022Aug 2023CHANGE
29 Days23 Days-18.1%

Summary: Homes in Sierra Madre had an average of 23 days on market in Aug 2023, down by 18.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were 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.

Summary: During August 2023, 6 homes were sold in Sierra Madre; 67% of homes were sold within 30 days, 33% 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 25 Days Ago

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Nearby Markets

What housing markets are near Sierra Madre, CA?