The number of La Canada home sales decreased in August. Although the absorption rate indicates an extremely strong seller’s market, it increased from last month (still strong seller’s market, just not as strong).
19% of La Canada...
The average Glendale home is taking a bit longer to sell (days on market). Short sales and REO’s (foreclosures) continue to have little impact on Glendale real estate values. 13% of Glendale homes sales closed with cash. A year ...
“Home prices in the Los Angeles market rose 10.5 percent in the 12 months ending June. The home price index in the Southern California metro region rose only 1.1 percent from April to May, and 0.6 percent from May to June…… Price app...
The big news with Glendale real estate values are the record-breaking sales prices at Glendale’s Americana at Brand. Although these condo sales are from June, I thought they were certainly worth a mention. Two units (1893 & 1894 ...
Each community has a different price point for luxury real estate, in Pasadena generally anything $3,000,000 and higher is considered luxury real estate. Last month there was one luxury real estate sale in Pasadena.
Search all Pasaden...
There were 20 home sales in La Crescenta in July, showing the average price per square foot at $423.69. The average sales price has increased substantially as well.
January $638,593
February $694,238
March $711,216
April $769,260
May ...
I closed my architecturally significant mid-century on Fairmount last month – an amazing home but it needed updating. What constitutes luxury real estate is different in each community; in La Canada $3,000,000 buys you something substanti...
No new trends in La Canada real estate: distress sales (foreclosures and short sales) continue to have little impact on the current La Canada real estate market and cash buyers continue to play a key role. Last July the average La Canada h...
Each community has a different price point for luxury real estate, in La Canada generally anything $2,000,000 and higher is considered luxury real estate
Search all La Canada Listings here
Comparing June 2013 to June 2014, cash sales have more than doubled! Out of the 70 homes sold in Pasadena last month, a whopping 48 were sold to CASH buyers. These stats confirm the findings in this recent article in Bloomberg discussin...