If you are living in Sierra Madre or are thinking about relocating to Sierra Madre, you've come to the right place.
This post will be updated monthly, around the first week of the month, for the previous month and will give you key real estate market indicators for Sierra Madre California. Bookmark this page and visit it each month to see how Sierra Madre homes and condos are faring in today's real estate market.
If you are already a Sierra Madre homeowner and would like to get a monthly email sent to you with real estate activity around your Sierra Madre home, please click here and order your real estate monthly market report. You will not be contacted by me or anyone on my team and the information will be generated automatically via email based on the criteria that you list.
If you are seriously considering selling your Sierra Madre home and would like a private consultation, please contact me at 626-629-8439 or Irina(at)Irina4RealEstate(dot)com.
Sierra Madre Homes for Sale Real Estate Statistics for the Summer of 2010:
Lowest price home sold in August 2010 in Sierra Madre was at 618 Woodland Drive and sold for $265,000.
Highest price home sold in August 2010 in Seirra Madre was sold at $720,000 and was located at 71 N Lima Street.
There are only 28 single family homes for sale which is 1/2 of 1% of avaiable housing units. There is defintiely not a lot of inventory available right now. On average, homes stay on the market for about 2 months before they are sold.
|Single Family Residence||May-10||Jun-10||Jul-10||Aug-10|
|Average Days on the Market||52||83||85||61|
|Average Price Per Sq. Ft.||$373||$410||$423||$428|
|Median Selling Price||$802,500||$738,000||$769,000||$390,000|
|Average Selling Price||$788,550||$741,857||$886,778||$458,333|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||19.5||11.1||15.4||40.4|
|Condos and Townhomes||May-10||Jun-10||Jul-10||Aug-10|
|Average Days on the Market||51||76||40||171|
|Average Price Per Sq. Ft.||$342||$403||325.36||$369|
|Median Selling Price||$598,000||$525,000||384900||$480,000|
|Average Selling Price||$598,000||$525,000||384900||$480,000|
|Absorption Rate (# of weeks to sell current inventory at present rate of sales)||15.2||21.7||17.3||26.0|
Here are some of the homes for sale as listed in the MLS (Multing Listing Service)
Sierra Madre Real Estate Market Report for the month of June 2008:
|Single Family Residence||Jun-08|
|Average Days on the Market||131|
|Average Price Per Sq. Ft.||$475|
|Average Selling Price||$961,600|
|Condos and Townhomes||Jun-08|
|Average Days on the Market||233|
|Average Price Per Sq. Ft.||$435|
|Average Selling Price||$745,000|
Sierra Madre Real Estate Market Report for the month of May 2008:
|Single Family Residence||May-08|
|Average Days on the Market||72|
|Average Selling Price||$758,000|
|Condos and Townhomes||May-08|
|Average Days on the Market||65|
|Average Selling Price||$575,000|
*Data gathered from ITEC MLS
Posted By: Irina Netchaev - Pasadena California Real Estate Agent