Real Estate Market stats
La Crescenta Real Estate Stats
Last month’s La Crescenta real estate stats are mixed. The absorption rate is the lowest for the year (stong seller’s market). But average price per sq ft and average selling price have dipped. Related Post: Spotlight ...
La Crescenta Luxury Real Estate Sales
Each community has a different price point for luxury real estate. In La Crescenta generally anything $1,000,000 and higher is considered luxury real estate.
Nearly 50% of Pasadena Home Sales were Purchased with Cash
80 Pasadena homes closed escrow last month and 36 sold to cash buyers – 45% of Pasadena home sales sold for cash. Shocking! A lot of this is foreign money – Frightening! As the average selling price continues to climb, inventory remai...
Glendale Real Estate Values Continue to Climb
Last April, 51 Glendale homes sold; the absorption rate was 2.45%. In April 2014, only 44 homes sold (due to a shortage of listing inventory), the absorption rate of 1.57% indicates an even stronger home sellers market. Last April the aver...
La Crescenta Real Estate Values Up 15% from last year
Last April: 33 La Crescenta homes closed escrow The average price per sq ft was $366.46 and the average selling price was $682,249 12% were short sales (this year just .5% of La Crescenta homes were distress sales (REO’s no short s...
39% Of La Canada home sales were under one million dollars
The La Canada move-up buyer is back, 39% of last month’s La Canada home sales were under one million dollars The absorption rate of less than 2% indicates a very strong seller’s market. Cash sales continue to play an integral part in t...
La Crescenta Real Estate Values up 26%
The average price per sq ft of La Crescenta homes sold has increased 26% since last year (comparing March 2014, vs. March 2013). Last year the average La Crescenta home sold for $622,511 versus this year’s $711,216. Last year short ...
The Average Price Per Sq Ft of Homes Sold in La Canada Continues its Climb
Last March (2013), the average La Canada home sold in 46 days at $521.21 per square foot. The average selling price was $1,433,654; 27% of the sales were to cash buyers. In March 2014, cash sales were less impacted – just 15% of the La Canada...
