Sierra Madre Housing Market Report – July 2026
Here's a look at how the Sierra Madre, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 8
- Median Sale Price: $1,325,000
- Average Sale Price: $1,346,875
- Average Price Per Sq Ft: $778
- Average Days on Market: 57
- Sale-to-List Price Ratio: 95.3%
Month-Over-Month Trends
Compared to June, the median sale price in Sierra Madre moved 8.2% up (from $1,225,000 to $1,325,000). The number of homes sold was 20.0% down compared to the prior month (10 vs. 8). Average days on market shifted 26.7% up (45 days to 57 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 8.6% down (from $1,450,000 to $1,325,000). Sales volume is 52.9% down year-over-year.
What This Means
Sierra Madre's housing market is showing mixed signals this July. While the median price ticked up 8.2% month-over-month to $1.325 million, this likely reflects normal seasonal variation rather than strong momentum—the year-over-year comparison tells a different story, with prices down 8.6% from July 2025. More concerning is the inventory-to-sales imbalance: only 8 homes sold this month while 44 remain actively listed, many sitting for 90 days or longer. This suggests a market that's cooling relative to last year, with sellers holding firm on prices even as buyer interest wanes.
The uptick in days on market—from 45 to 57 days—reinforces this picture. Properties are taking longer to find buyers, though the 95.3% sale-to-list ratio indicates that when homes do sell, they're fetching reasonable prices relative to asking. The gap between active listings' median asking price ($1.7 million) and actual sale prices signals some price resistance in the upper range.
For buyers, this is a more forgiving environment than a year ago. For sellers, the message is clearer: patience is needed, and pricing realistically matters. Sierra Madre remains an affluent community, but the current pace suggests we're in a buyer's market relative to the strong conditions of mid-2025.
Sierra Madre Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91024 | 8 | $1,325,000 | $778 | 57 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 6 | $1,325,000 | $748 |
| MULTI_FAMILY | 1 | $850,000 | N/A |
| TOWNHOMES | 1 | $1,400,000 | $959 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $750K+ | 8 |
Current Active Listings
As of this report, there are 44 active listings in Sierra Madre with a median asking price of $1,698,750 and an average of 90 days on market.
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