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La Canada October 2014 Real Estate Values 1

La Canada October 2014 Real Estate Values

    La Canada real state continues to hold its value.  18 La Canada homes sold last month.  Last October (2013) the real estate absorption rate was 3.05% versus last month’s 1.89%.  It continues to be a strong sellers’ market in La...

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Luxury Real Estate Sales in La Canada 1

Luxury Real Estate Sales in La Canada

Luxury real estate sales in are thriving in La Canada. There were four, three million + La Canada real estate sales in October, one of which sold for cash: 655 Hillcrest, La Canada, 91011 sold for cash.  It was a tear down on a one + acre v...

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La Canada September 2014 Real Estate Stats 2

La Canada September 2014 Real Estate Stats

Slim pickings for home buyers in La Canada.  Last month just 13 homes closed versus 20 La Canada home sales in September of last year.  La Canada real estate is driven by La Canada schools, and while we don’t have as many active La Can...

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La Canada Luxury Real Estate Sale September 2014

La Canada Luxury Real Estate Sale September 2014

La Canada Luxury Real Estate Sale September 2014: The city of La Canada bursts with luxury! This La Canada home closed in September 2014.  1125 Descanso Drive. Let's learn what it's about! Marketing for this La Canada Luxury Real Estate Sal...

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La Canada Home Sales Decrease in August 2014

Number of La Canada Home Sales Decrease in August 2014

The number of La Canada home sales decreased in August 2014. Although the absorption rate indicates an extreme seller’s market, it increased from last month (it is still a strong seller’s market, just not as intense). Investors are f...

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La Canada Luxury Real Estate Sale August 2014

La Canada Luxury Real Estate Sale August 2014

La Canada Luxury Real Estate Sale August 2014: 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...

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La Canada Luxury Real Estate July 2014

La Canada Luxury Real Estate July 2014

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...

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24% Of La Canada Homes Are Purchased With Cash 1

24% Of La Canada Homes Are Purchased With Cash

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...

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La Canada June 2014 Luxury Real Estate Sale

La Canada June 2014 Luxury Real Estate Sale

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 ...

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30% of La Canada Home Sales are Purchased with Cash 3

30% of La Canada Home Sales are Purchased with Cash

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...

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