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La Crescenta luxury home sales

 La Crescenta luxury home sales are doing very well. Would it surprise you to learn that seven, La Crescenta homes sold last month (April) for over $1,000,000?

Last month the most expensive home sold in La Crescenta was 2332 Teasley Street.  The five bedroom six bath home is over 4,000 square feet on a nearly 10,000 square foot lot with a pool and spa. The home sold for asking price of $1,665,000.  This home previously sold (as new construction) for $1,250,000 in 2004 (without pool or spa).

Exceptional growth has been the storyline of the luxury real estate market the past few years. No other price segment has rebounded from the housing crash with as much gusto as that of million-dollar-plus homes, which are selling at twice the historical average.  Read the rest here:

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