How are La Canada home values holding up? Since June, the La Canada absorption rate has steadily increased. The average La Canada home is selling within 40 days and for over $2,000,000.
Nationally, despite a 1.3% increase in inventory, it’...
How is the La Canada real estate market performing? Are values still increasing? Each month, Harb & Co. crunch the numbers of all La Canada home sales.
Last month (August 2015) the most expensive La Canada home luxury home sale was 3972 Alta Vista Drive. This 1920’s Mediterranean is 8 bedrooms and 8 baths encompassing over 8600 square feet, sited on more than an acre. The home was original...
Last month (July 2015) the most expensive La Canada luxury home sale was 5357 Alta Canyada Road. The 4 bedroom, 6 bath home is nearly 6,000 square feet on over ½ acre. Designed by Everett Phipps Babcock the home was completely renovated in 2...
Spring home buying season has ended but La Canada home sales are still going strong. The 2.17 absorption rate indicates that there are just two months of inventory available which reflects a very strong seller’s market. And note th...
Last month the most expensive La Canada home sale was 4407 Shepherds Lane. The home was rebuilt in 2015 leaving only one original wall. This 5 bedroom, 5 bath luxury home sold for in 31 days for $3,275.00 – 99% of asking price. The home i...
The increased number of home sales impacts La Canada real estate values. The absorption rate reflects supply and demand. Last month’s absorption rate was the lowest for the year.
Search all La Canada homes for sale here
If you are a La Canada home buyer, you are painfully aware of the increase in La Canada real estate values. Although May’s median value is down from its March high, its $236,500 higher than in January. The average La Canada home is selling ...
La Canada luxury home sales
Last month (May, 2015) the most expensive La Canada luxury home sale was 4262 Oakwood Ave., 91011
Stats: 6 bedrooms + 6 baths, built in 1993, 5214 sq. ft., on over ½ acre. The home was on the marker for 44 days ...
The number of La Canada home sales has picked up and sadly (for home buyers) the absorption rate is down. The percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years, according to a report from...