Altadena
- This week the median list price for Altadena, CA 91001 is $1,177,000.
- The market action index is hovering around 83. This is an increase over last month’s market action index of 76.
- Inventory has held steady at or around 24.
- Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks.
- This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Pasadena
- This week the median list price for Pasadena, CA is $1,914,000.
- The Market Action Index (MAI) is hovering around 67, which is an increase over last month’s market action index of 63.
- Inventory has increased to 77.
- The market has been strong for several consecutive weeks.
- Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
