In June 2015, there were 30 La Crescenta homes sold, the average price per square foot was $487, average selling price $769,474, median selling price $722,500. What a difference a year made!
Competition for La Crescenta homes is fierce. I recently closed escrow on a home on Janet Lee, Kenny Kim wrote a non-contingent offer before the home hit the MLS. The executor wanted to be done with the house and accepted the offer.
What is the impact of a presidential election on the housing market? The best answer may just be, “Not that much.” Every 4 years, analysts drudge up their deep histories of real estate data in order to ferret out the likely impacts of the presidential election season on the housing market. Some claim that election years have a significant negative impact particularly on home prices, while others struggle to find any effects at all.