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La Crescenta Home Values November 2017

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La Crescenta Home Values November 2017: Last month, La Crescenta home values showed a wide range of pricing. At the lower end, a cozy two-bedroom, one-bath home with 945 square feet sold for $649,000. On the higher end, a spacious three-bedroom, three-bath property fetched $1,185,000. These sales highlight the variety of options available in the area.

The median selling price also reflected strong demand. Half of the homes in La Crescenta sold for over $850,000, while the other half sold for less. This balance indicates steady interest from buyers at various price points. Notably, four homes in La Crescenta broke the $1,000,000 mark. These high-end sales demonstrate continued demand for luxury properties in this desirable neighborhood. Buyers clearly recognize the value of living in La Crescenta, driving competition for top listings.

La Crescenta Home Values November 2017 Recap:

However, the market remains incredibly tight. The absorption rate in the 91214 zip code is astonishingly low. Inventory simply cannot keep up with demand. As a result, La Crescenta home buyers are feeling the pinch. Finding the right property takes persistence and quick decision-making.

To navigate this competitive market, call Phyllis. She has the expertise and local knowledge to help you understand La Crescenta real estate and find the perfect home.

 

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