La Canada Housing Market September 2021

Meanwhile, four properties sold right at the asking price. These sellers priced their homes accurately, leading to smooth transactions.  On the other hand, just five homes closed for less than the asking price. Even in a strong market, a few opportunities for negotiation still emerged.

Interestingly, only one home required a price reduction before selling. This suggests that most properties were well-aligned with market expectations from the start. As for the least expensive homes sold last month, two shared the same sale price of $1,350,000. The first was a three-bedroom, three-bathroom home with 1,261 square feet of living space located at 4610 Crown Ave. The second was a three-bedroom, two-bathroom home spanning 1,332 square feet, situated at 4842 Viro Rd. Both properties found buyers at the same price point, demonstrating strong value for their size and location.The most expensive La Canada sale was a five-bedroom, five-bathroom, 4,795-square-foot home located at 4953 Commonwealth Ave.  It sold for $4,500,000 which was $310,000 over the original asking price.