📊 Weekly House Market Report of Los Angeles 🌴

Real estate activity in San Gabriel Valley and surrounding areas shows a mixture of steady seller's markets and signs of cooling. The Market Action Index (MAI) is central to understanding these shifts, as it measures market strength, with values above 30 indicating seller-favoring conditions. This week, inventory continues to decline in most regions, which may shape future price trends depending on demand levels.

In San Gabriel, the median list price currently stands at $1,295,000, and while the MAI has decreased slightly from last month’s 50 to 47, it still signals a strong seller’s market. Despite a recent cooling trend, San Gabriel remains firmly in the seller’s zone. If the MAI rises again, prices could see upward movement, but a consistent drop might create pressure on prices.

Irvine, with a median list price of $2,999,000, has seen a slight boost in MAI from 41 to 43, suggesting a slight seller’s advantage. Though inventory has reduced to 151, prices have yet to climb past their current plateau. However, if sales maintain their current pace relative to inventory, Irvine could see prices trend upward in alignment with a rising MAI.

Chino Hills exhibits similar stability, holding a median list price of $1,249,888 and an MAI of 47, up from last month’s 46. Low inventory levels continue to support a seller’s market, though the region has achieved a balanced state between sales and inventory. Should the market heat up further, this stability could give way to an upward price trend.

In Diamond Bar, the median list price is $1,494,000, with the MAI decreasing from 42 to 40. This slight decline is characteristic of the market’s recent cooling phase. Although prices have leveled out, Diamond Bar remains in the seller’s zone. Watching future MAI trends will be essential, as further declines could lead to downward price pressure, but an upward turn could bring renewed price gains.

Walnut, with a median list price of $1,680,000, shows a consistent MAI of 42. While this maintains the area’s slight seller’s advantage, the market has plateaued with cooling conditions. Pasadena also presents a strong seller’s market at a median list price of $1,798,000, with a small increase in MAI from 45 to 46. Despite this gain, prices remain steady. If the upward MAI trend continues, Pasadena may experience further price appreciation.

San Marino’s high-value market, marked by a median list price of $3,890,000, has seen its MAI drop from 39 to 37. While this decrease reflects a cooling trend, the area still leans in favor of sellers. Should the MAI fall further, it could push prices downward; otherwise, renewed MAI gains would likely support higher pricing.

San Marino’s high-value market, marked by a median list price of $3,890,000, has seen its MAI drop from 39 to 37. While this decrease reflects a cooling trend, the area still leans in favor of sellers. Should the MAI fall further, it could push prices downward; otherwise, renewed MAI gains would likely support higher pricing.

In Arcadia, with a median list price of $3,200,000, the MAI has climbed slightly from 37 to 38. While the market displays a slight seller’s advantage, prices have held firm for now. Continued MAI growth in Arcadia could drive prices higher in the coming weeks.

Overall, the current trends in these Southern California markets point to a mix of stable seller’s advantages and cooling prices across many areas. Inventory remains low, which could support price increases if demand strengthens. However, many of these markets are balanced near a plateau, making the next few weeks critical for observing how MAI shifts may influence future pricing. Buyers and sellers alike should keep an eye on MAI changes, as these will provide insights into the likelihood of price shifts, helping guide strategic decisions in the months ahead.