Let’s dive into the La Crescenta housing market for September 2021. It was an active month, with thirty-two homes successfully closing escrow. This steady pace of sales reflects continued demand in the area. Looking at the numbers, twenty-five of these homes sold for over the asking price. This strong showing indicates competitive bidding and high buyer interest.
Meanwhile, four homes sold right at their list price. This suggests they were priced accurately and attracted solid offers. On the other hand, just three properties closed for less than the asking price. This shows that even in a hot market, there are still occasional opportunities for negotiation. Interestingly, twenty-three of these homes sold for over $1,000,000. This highlights the premium value of La Crescenta properties and the willingness of buyers to invest in the area. As for the least expensive sale, it was a cozy three-bedroom, one-bathroom home located at 2721 Altura St. This 972-square-foot property sold for $675,000. Despite its smaller size, it found a buyer, reflecting the strong demand for entry-level homes in La Crescenta.
The most expensive home sale was a three-bedroom, three-bathroom, 2,085 square-foot home located at 5226 Briggs Ave. It sold for $1,799,000.
Interesting to note that the average price per square foot ranged from $480.45 for a four-bedroom, three-bath home. To a two-bedroom one bath home selling for $1,300.34
Related Post: Is price per square foot a good indicator of value?
