📊 Weekly House Market Report of Los Angeles 🌴

The Southern California real estate market continues to present intriguing dynamics, with varying trends across different cities. This week's data highlights significant changes in median list prices, inventory levels, and Market Action Index (MAI) values in San Gabriel, Irvine, Chino Hills, Diamond Bar, Walnut, Pasadena, San Marino, and Arcadia. These shifts are essential for potential buyers and sellers to understand as they navigate the current market landscape.

The median list price for San Gabriel, CA is $1,262,500 with the market action index hovering around 51. This is less than last month's market action index of 56. Inventory has decreased to 26.

The median list price for Irvine, CA is $2,800,000 with the market action index hovering around 66. This is less than last month's market action index of 78. Inventory has increased to 139.

The median list price for Chino Hills, CA is $1,290,000 with the market action index hovering around 69. This is less than last month's market action index of 72. Inventory has increased to 62.

The median list price for Diamond Bar, CA is $1,499,000 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 63.

The median list price for Walnut, CA is $1,712,500 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has held steady at or around 36.

The median list price for Pasadena, CA is $1,875,000 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has decreased to 85.

The median list price for San Marino, CA is $3,888,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has decreased to 33.

The median list price for Arcadia, CA is $3,630,000 with the market action index hovering around 41. This is less than last month's market action index of 44. Inventory has increased to 85.

The real estate markets in these Southern California cities show a general cooling trend, with varying degrees of seller's advantage. Monitoring the MAI and inventory levels will be crucial in predicting future price movements. Sellers might still benefit from current conditions, but buyers should watch for potential opportunities as markets evolve. Whether buying or selling, staying informed about these trends can provide a strategic advantage in the dynamic Southern California real estate market.