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
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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.
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Everyone has dreams…. Few actually live them. Presenting 1803 Fairmount Ave La Canada
Designed by noted La Canada architect Jack Simison, whose work has been featured in Architectural Digest. This 4 + 4 gated residence is situat...
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 ...