CV Weekly’s Finest Realtor in La Crescenta, I thoroughly analyze the real estate market monthly. Let’s dive into the La Crescenta Real Estate for August 2024. Seventeen homes sold last month; ten sold over the asking price. Three at asking, and four less than the asking price. A four-bedroom, three-bathroom home at 2926 Parasio Way sold for $664.21 per foot. A one-bedroom, one-bathroom home at 4897 Rosemont Ave. sold for $1,461.30 per foot.
The least expensive home sold in La Crescenta was a two-bedroom, one-bathroom, 988-square-foot home at 3344 Prospect Ave. The seller listed the home for $789,000; it sold in four days for $870,000. The most expensive home sold was a four-bedroom, three-bathroom, 2,338-square-foot home at 3999 El Lado Drive. Initially listed at $1,949,000, it sold for $2,000,000.
Four of the La Crescenta home sales sold in fifteen days or less. Nine of the sales took thirty or more days to sell. Three homes sold for less than $1,000,000. Seven sales were $1,500,00 or higher.
From CoreLogic: High mortgage interest rates continue to challenge the housing market, and homebuyers’ budgets are increasingly stretched when buying a home. Overall, there is more caution in the housing market as housing indicators continue to revert to pre-pandemic trends and buyers evaluate their options.
