As a La Crescenta real estate expert, I need to keep abreast of their home values. Let’s crunch the La Crescenta housing market numbers for January 2022 and compare it to January 2021. The community of La Crescenta is highly sought after. The number of homes sold in the 91214-zip code went from seventeen January 2021 to just nine this year. Price per square foot, average selling and median price have skyrocketed!
The least expensive home sold last month was a three-bedroom, one bathroom, 1,122 square foot located at 3113 Paraiso Way for $1,010,000. The most expensive home was a three-bedroom, three bathroom,2207 square foot home located at 2839 Markridge Rd. for $1,760,000.
La Crescenta Housing Market January 2022 takes a look at price per square foot. The price per square foot can vary greatly depending on the property and its features. For example, 2720 Henrietta, a larger home with 3,478 square feet, sold for $458.70 per square foot. This is relatively lower, possibly due to factors like the age of the home, its condition, or location within the market. On the other hand, 3419 Honolulu, a smaller home with 2,052 square feet, sold for $950.57 per square foot.
In short, the wide range in price per square foot shows that home values are influenced by various factors beyond just size, such as location, condition, and features of the property.
I assume that the low number of sales is lack of inventory and not lack of interest
Severe listing shortage