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La Canada Market Stats

LA CANADA APRIL 2015 LUXURY REAL ESTATE SALES

LA CANADA APRIL 2015 LUXURY REAL ESTATE SALES

Luxury real estate sales are surging. As reported in the Wall Street Journal:  four years ago, a Russian billionaire became the first person known to pay the unheard-of price of $100 million for a single-family home in the U.S. While breaking ...

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LA CANADA MARCH 2015 REAL ESTATE VALUES 2

LA CANADA MARCH 2015 REAL ESTATE VALUES

How is the La Canada real estate market? Well if you ask La Canada home sellers,  the market is great.  But on the flip side, just ten lucky La Canada buyers were able to close escrow on their La Canada dream home last month.  The average p...

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La Canada Luxury Real Estate Sales 2

La Canada Luxury Real Estate Sales

Luxury real estate in La Canada is doing well.  Last month there were two high end real estate sales:   1313 Descanso Drive, La Canada sold for $4,250,000 3/31/15 5 + 6, ½+ acre, 5700+ sq. ft.  348 Blythe Rd., La Canada sold for $4,50...

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Luxury Real Estate Sales in La Canada Flintridge

Luxury Real Estate Sales in La Canada Flintridge

Last month’s (February 2015) most expensive La Canada home sale was 3996 Chevy Chase Drive.  This 5 bedroom, 6 bath estate is over, 7,000 square feet on an acre. The home was built in 2002 and sold for $4,305,000.  The home previously sold ...

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La Canada January 2015 Luxury Real Estate Sales

La Canada January 2015 Luxury Real Estate Sales

Although there has been some play in La Canada listing prices (negotiating room) luxury real estate is doing well in La Canada.  Last month (January 2015) there were two, $3,000,000+ La Canada home sales: 756 Greenridge Dr., La Canada’s Co...

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La Canada January 2015 Real Estate Values

La Canada January 2015 Real Estate Values

Last year the average La Canada home was selling faster and over asking price.  Last year’s absorption rate indicated a stronger seller’s market.  But this year the average selling price and price per square foot is higher for La Canada r...

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La Canada Real Estate Values On the Rise 2

La Canada Real Estate Values On the Rise

La Canada real estate values continue their upward trend.  Year over year comparison: Although the average La Canada home is taking longer to sell (DOM) the number of homes sold increased, average price per foot increased, average La Canada ...

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Luxury December 2014 Real Estate Sales in La Canada

Luxury December 2014 Real Estate Sales in La Canada

Last month (December, 2014), there was just one $3,000,000+ luxury real estate sale in La Canada: 5063 Oakwood Ave., La Canada 6+6, 6307 sq. ft., 17,808 lot, built: 2006 Listed $3,980,000 and sold within 42 days $3,950,000 – 99.25% of a...

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La Canada November 2014 Real Estate Sales

La Canada November 2014 Real Estate Sales

Last month (November 2014) 20% of La Canada real estate sales were sold to cash buyers. Only 15 La Canada homes sold last month. Seven out of the last eleven months saw the average La Canada home selling for over asking price. Last month’s p...

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