La Crescenta Home Values September 2017:
To maintain the Harb & Co. team’s status as one of the top real estate experts in La Crescenta, we go beyond just listing and selling homes—we analyze the market with precision. Each month, we crunch the numbers, diving deep into La Crescenta’s real estate trends. We track home values, study inventory levels, and monitor buyer demand to keep our clients well-informed and strategically positioned. Additionally, we highlight the most expensive La Crescenta sale each month, offering insights into high-end market activity and setting benchmarks for luxury properties. This commitment to data-driven expertise ensures that whether you’re buying, selling, or simply staying informed, you have the latest market intelligence at your fingertips.
Last month, La Crescenta home values ranged from $474,500 for a cozy 486-square-foot, one-bedroom, one-bath home to $1,475,000 for a spacious five-bedroom, six-bath property. Half of the homes in La Crescenta sold for more than $875,000, while the other half sold for less—notably, eight homes sold for over $1,000,000. The number of closings remained steady, reflecting consistent demand—most properties sold quickly, often with multiple offers.
La Crescenta Home Values September 2017 Recap: The absorption rate barely stood at a one-month listings supply, heavily favoring sellers. Inventory in the 91214 zip code was exceptionally low, putting pressure on buyers. As a result, competition remained fierce, with many homes receiving multiple offers soon after hitting the market.
Disclaimer: When evaluating the La Crescenta real estate statistics, we segregate by selecting homes in the 91214 zip code.
Call Phyllis to learn more about La Crescenta real estate.
I’m getting ready to downsize but I think 486 sq ft is too down.