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Have La Canada real estate values peaked?

The average price per foot and average selling price of La Canada homes dropped slightly from last month.  On the other hand, La Canada homes are selling faster – the average days on market has decreased. While the average La Canada home is selling for an impressive 96% of asking price, this is the lowest percentage for the year.  Last month there were no short sales or foreclosures; cash sales comprised 16% of the La Canada real estate market.   Have La Canada real estate values peaked, or will we see another uptick this Spring?

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November 2013 La Canada Real Estate Sales copy Screen Shot 2013-12-06 at 4.12.20 PM Screen Shot 2013-12-06 at 4.12.53 PM Screen Shot 2013-12-06 at 4.13.04 PMLa Canada infographic Home Stats November 2013

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