We had a busy, busy June!
We listed 5081 Fallhaven Lane in La Canada and are prepping it for sale. Met with the owner’s gardener and hired a painter. After the pre-insepction we had some plumbing repairs made. This La Canada home is curren...
Although moving is my business, I don't want to. Now that my daughters are grown, my husband constantly brings up moving to another community. He would love to live in a high-rise in the Wilshire Corridor. So many people in La Canada relocate a...
If you have been looking for a home, you are aware that most new La Crescenta listings sell quickly. The absorption rate of less than two months’ supply reflects this fact. There are three reasons inventory is low.
I love compiling these r...
Last month the most expensive luxury real estate sale in La Crescenta was 4900 La Crescenta Ave., 91214. This 4 bedroom, 3 baths, 3000+ square foot home sold for $1,250,0000 - $51,000 over its asking price.
MLS Remarks read:
A house...
La Crescenta January 2016 Real Estate Sales
It appears buyer demand will be strong throughout the year; the problem is inventory (supply) isn’t keeping up:
Calculated Risk: “Low inventory is probably holding down sales in many areas.�...
La Crescenta Luxury Real Estate Sales
Last month the most expensive La Crescenta luxury real estate sale was a flip! A flip is defined by the Merriam-Webster dictionary:
to turn (something) over by throwing it up in the air with a quick...
Last month (December 2015) the most expensive luxury home sale in La Crescenta was 2363 Panorama Drive. This 4-bedroom, 3-bath home is over 3300 square feet on nearly 1/3 acre. The home sold for full price - $1,495,000; the sellers had purchase...
It's no surprise to La Crescenta home buyers that inventory has been tight all year - 2 or less months supply which reflects a very unbalanced seller's real estate market.
In looking at our chart, you can see that the La Crescenta real esta...
Last month the most expensive La Crescenta luxury real estate sale was 2755 Stevens Street. This 4 bedroom, 3 bath home is just over 2700 square feet on a 8800+ square foot lot. This luxury home sold for $50,000 over asking price. The sell...
Monthly, we compile the La Crescenta real estate statistics. Last month (October), 20 La Crescenta homes closed escrow. Housing supply (inventory) dwindles this time of year, but the remaining homes in La Crescenta are being snatched up. The ...