La Canada Luxury Real Estate Sale August 2014:Â In La Canada, one typically needs to spend $3,000,000 or more to buy a home to swoon over. Last month (August 2014), there was one La Canada home sale exceeding the three million mark:
4335 Woo...
La Canada Luxury Real Estate July 2014: I closed my architecturally significant mid-century on Fairmount last month—it was a fantastic home that needed updating. What constitutes luxury real estate is different in each community; in La Cana...
No new trends in La Canada real estate: distress sales (foreclosures and short sales) continue to have little impact on the current La Canada real estate market and cash buyers continue to play a key role. Last July the average La Canad...
La Canada June 2014 Luxury Real Estate Sale: Each community has a different price point for luxury real estate. In La Canada, generally anything $2,000,000 and higher is considered luxury real estate
Marketing for this La Canada ...
While short sales and foreclosure have dwindled, the cash buyer continues to have an impact on home sales in La Canada. In June 2013, the average La Canada home sold for $538 per square foot and the average selling price was $1,509,001...
Each community has a different price point for luxury real estate. In La Canada, generally, anything $3,000,000 and higher is considered luxury real estate.
Related Post: Average Price of La Canada Homes Climbs
The La Canada move-up buyer is back, 39% of last month’s La Canada home sales were under one million dollars The absorption rate of less than 2% indicates a very strong seller’s market.
Cash sales continue to play an integral part in t...
Last March (2013), the average La Canada home sold in 46 days at $521.21 per square foot. The average selling price was $1,433,654; 27% of the sales were to cash buyers. In March 2014, cash sales were less impacted – just 15% of the La Canada...
Take a quick look at where La Canada real estate values February 2014. Year-over-year comparison:
February 2013:
The average price per sq ft of La Canada homes was $455.41
The average home was selling/closing in 121 days
The avera...
It’s a competitive real estate market for La Canada home buyers. The average La Canada home is selling for 3% over asking price and nearly 1/3 of La Canada home buyers are purchasing their piece of La Canada real estate  for cash! Th...