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La Canada Housing Market Update First Quarter 2018

La Canada First Quarter, of 2018 Housing Market Update. We love crunching the La Canada housing numbers each month and have been doing so for a decade.

Last month there were twenty eight La Canada home sales. The least expensive sale was $1,219,170 for a three bedroom, two bath home on Ocean View Dr. in La Canada’s Sagebrush neighborhood. The most expensive home sold for  $7,000,000 for a 9,227 sq ft home on Georgian Rd.  The low absorption rate of just over 2% indicates an extremely strong sellers market.  Buyers in the Foothills continue to be overbid in multiple offer situations. The competition is fierce.

La Canada

I have a 3,000+ square foot La Canada pool home coming on the market in June. Call for details!

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