La Crescenta home sales September 2015: Each month, Harb and Co. run the numbers for La Crescenta home sales. The average La Crescenta home is selling in 47 days for over $800,000. You will note that April is the peak Spring selling season with the highest average sales and median selling prices.
La Crescenta home sales September 2015 Recap:
The number of sales decreased as families settled into the school year. However, demand for La Crescenta homes remained strong. Consequently, most properties sold well above the asking price. Moreover, aggressive pricing strategies frequently sparked intense bidding wars. For example, well-priced homes often attract multiple offers within days. As a result, sellers benefited from competitive market conditions despite the seasonal slowdown.
Nearly a decade after the housing crash, homeownership is still waning and renting is rising. The homeownership rate fell to 63.1% in 2014, down from 63.5% in 2013 to its peak of 67.3% in 2006. It has fallen steadily since then. Read more here
If you are thinking of selling your home, give me a call, and we can determine how to position it to hit the market at the most opportune time. We are only a phone call away!
