I keep up to date on La Crescenta’s real estate data and trends. This helps me stay well-versed in our local market. April was a strong month for sellers in La Crescenta. Demand and pricing both jumped compared to earlier months. January was quiet. Only five homes sold. Market time stretched to 50 days. February picked up. Fifteen homes sold. Days on market dropped to 29. Homes sold nearly 4% over asking, showing early competition.
March slowed slightly. Homes took 37 days to sell. Prices landed closer to list, giving buyers a bit more leverage. April changed everything. Seventeen homes sold. Eleven sold above asking. One sold at asking. Five sold below. Homes moved fast. The average was just 21 days on market—the quickest yet. Prices averaged 105.4% of list, pointing to multiple offers. The average sale price rose to $1,762,953. The median reached $1,618,000. This reflects stronger demand and better inventory.
Overall, the first quarter showed a market finding its footing. April confirmed a full spring surge. Buyers acted quickly, competed hard, and pushed prices higher.
A three-bedroom, one-bathroom home at 4939 Lowell Ave sold for $513.66 per square foot. This was also the least expensive home sold in April. This home was initially listed for $879,000 and sold in seven days for $940,0000. Meanwhile, a three-bedroom, two-bath home at 3033 Hopeton Road sold for $968.37 per square foot. The most expensive home sold last month in La Crescenta was a five-bedroom, five-bathroom home at 5129 New York. The seller listed the home for $3,200,000 and sold it in just eight days for $3,125,000.
