La Crescenta July 2015 Real Estate Values: Supply and demand: The absorption rate remains low, barely over a month’s supply of listings, which will keep La Crescenta real estate values high. The good news is that there were 43 lucky home buyers last month (March and April combined had just 40 home sales).
La Crescenta July 2015 Real Estate Values Recap:
- The highest average price per square foot was in March.
- The highest average sales price and average median were in April.
- In May the average home sold in just 35 days.
- The lowest absorption rate was in June, when the average La Crescenta home sold for nearly 4% over its list price.
I’ve never been a fan of math. Yet, I eagerly dive into numbers each month. This rigorous analysis keeps me among La Crescenta’s top real estate agents. First, these figures allow me to price my listings with precision. They reflect current market trends and buyer behavior. Additionally, when representing buyers in competitive multiple-offer situations, I offer clear, data-driven guidance on final sale prices. This approach builds trust and ensures success. Moreover, tracking these metrics sharpens my negotiation skills. It helps me secure the best deals for my clients. Ultimately, this commitment to data sets me apart in the industry.
Maybe I should have been a statistician instead of a real estate agent.
