Real Estate Values
Glendale Real Estate Values: July 2015
Glendale homes continue to sell quickly. The average price per square foot of sold homes is the highest year. Although the number of homes sold has increased, the absorption rate for the last two months is hovering below a two-month suppl...
Pasadena July 2015 Luxury Home Sales
Last month (July 2015) the most expensive Pasadena luxury home sale was 1126 Hillcrest Ave. This six-bedroom, six-bath home offers nearly 6900 square feet of living space on ¾ of an acre. Designed by Marston & Van Pelt, this 1916 Spanish...
Real Estate Roller Coaster – Should you sell now and rent?
You may have read Steve Lopez’s article in the LA Times: Cash buyers and premium prices leave middle-class home seekers locked out. Now that real estate prices have skyrocketed, I am learning of homeowners wanting to sell now and rent un...
La Canada July 2015 Home Sales
Spring home buying season has ended but La Canada home sales are still going strong. The 2.17 absorption rate indicates that there are just two months of inventory available which reflects a very strong seller’s market. And note th...
Luxury July 2015 Real Estate Sales in La Crescenta
Luxury July 2015 Real Estate Sales in La Crescenta It’s no longer rare for luxury real estate sales in La Crescenta to exceed the $1.5m mark. Last month (July), the most expensive La Crescenta home sale was 2411 Cross Street—this 4 bed...
Glendale June 2015 Real Estate Values
Glendale real estate values are at an all-time high. Last month, (June 2015) there were 61 lucky Glendale home buyers. The absorption rate is the lowest it has been all year. The average sales price and median selling price are both at year...
Glendale June 2015 luxury home sales
Last month the most expensive Glendale home sale was this Tudor beauty located at 1944 Montecito Drive in the popular 91208 zip code. The home offers 4 bedrooms, 4 baths, encompassing nearly 4,000 square feet on ¼ acre. The Glendale luxury hom...
La Canada Real Estate Values, June 2015
The increased number of home sales impacts La Canada real estate values. The absorption rate reflects supply and demand. Last month’s absorption rate was the lowest for the year. Search all La Canada homes for sale here
