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...
…With home prices back on the rise again, many markets are seeing flips on the upswing.
Homes that were purchased and then resold within six months accounted for 4.6 percent of all U.S. single-family home sales during 2013, according to ...
The sale of La Canada luxury homes has nearly doubled from last year. Both the average selling price and average price per square foot of luxury La Canada home sales have substantially increased. But even better news for these high-end La C...
The average price per foot and average selling price of La Canada homes dropped slightly from last month. On the other hand, La Canada homes are selling faster - the average days on market has decreased. While the average La Canada home is se...
I grew up in Glendale, my sister, brother and I all attended Glendale schools. My grandparents lived in Glendale, and most of my cousins did too. The first home I owned was in Glendale’s Brand Park neighborhood. It had the sweetest oc...
More than a decade ago the Community of La Canada was divided over plans to develop a Town Center. Sports Chalet owner Norbert Olberz, for over three decades, purchased over thirty single-family homes between Foothill Boulevard and the 210 ...
La Canada real estate values have increased 22% from last year. Cash buyers continue to play a major role in La Canada real estate sales. Cash transactions comprised 17% of last month’s home sales.
Let’s see how La Canada re...