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