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La Crescenta Housing Market July 2021

As a La Crescenta real estate specialist, I crunch monthly real estate numbers. Let’s take a look at the La Crescenta Housing Market for July 2021:

Out of thirty-one homes sold last month in La Crescenta, more than half sold over one million—twenty-seven of these homes sold over their asking price and four less than asking. Just two La Canada home sales had price reductions before selling. The lowest-priced home sold was a two-bedroom, one-bathroom, 773-square-foot home located at 2816 Community Ave., which sold for $673,320.

Last month two homes sold for the highest price of $1,775,000, 5352 Pineridge Dr. and 3910 Altura Ave.

La Crescenta Housing Market July 2021

When analyzing the La Crescenta housing market for July 2021, note that the price per square foot is the highest year to date. Days on the market are the lowest year to date. The average selling price is the highest year to date.  The absorption rate crept up but is still well under one percent. It continues to be a great time to sell your La Crescenta home.

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