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28 May 2024 - Weekly Market Update

May 28, 20242 min read

📊 Weekly House Market Report of Los Angeles 🌴

San Gabriel House Market

This week the median list price for San Gabriel, CA is $1,325,000 with the market action index hovering around 59. This is less than last month's market action index of 63. Inventory has increased to 30.

Chino Hills House Market

This week the median list price for Chino Hills, CA is $1,248,000 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 43.

Diamond Bar House Market

This week the median list price for Diamond Bar, CA is $1,499,000 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has increased to 51.

Walnut House Market

This week the median list price for Walnut, CA is $1,598,000 with the market action index hovering around 55. This is an increase over last month's market action index of 52. Inventory has increased to 37.

Pasadena House Market

This week the median list price for Pasadena, CA is $1,900,000 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has increased to 83.

San Marino House Market

This week the median list price for San Marino, CA is $3,600,000 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has increased to 37.

Arcadia House Market

This week the median list price for Arcadia, CA is $2,698,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 81.

This week's housing market in the specified California cities reveals a general trend of increasing inventory levels across all areas. While most cities have seen a decrease in their market action indices, indicating a slight cooling off in market activity, a few cities such as Walnut, Pasadena, and San Marino have experienced a slight increase in market activity. The median list prices remain high, particularly in affluent areas like San Marino and Irvine. This trend suggests that while there is a slight cooling in market activity, demand remains strong, and the market continues to favor sellers, particularly in higher-end markets.

Real EstateHouse MarketHome PricesSeller's MarketMarket AnalysisMarket StatisticLos AngelesUS PropertiesMedian List PriceHouse Inventory

Tracy Tsoi

Experienced realtor

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