Real Estate
La Crescenta Luxury Home Sale September 2014
La Crescenta Luxury Home Sale September 2014: There have been three La Crescenta luxury home sales this year for over $1,500,000.  Last month, 5230 Briggs Ave. was sold for $1,560,000. The asking price was $1,599,000. This La Crescenta...
Number of La Canada Home Sales Decrease in August 2014
The number of La Canada home sales decreased in August 2014. Although the absorption rate indicates an extreme seller’s market, it increased from last month (it is still a strong seller’s market, just not as intense). Investors are f...
La Crescenta Selling Prices at all year high
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 ...
Glendale July 2014 Luxury Real Estate Sale September 2014
Glendale, July 2014 Luxury Real Estate Sale, September 2014: Each community has a different price point for luxury real estate. In Glendale, generally, anything $1,500,000 and higher is considered luxury real estate. Last month, there was one l...
24% Of La Canada Homes Are Purchased With Cash
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 Canad...
La Canada June 2014 Luxury Real Estate Sale
La Canada June 2014 Luxury Real Estate Sale: 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 Marketing for this La Canada ...
30% of La Canada Home Sales are Purchased with Cash
While short sales and foreclosure have dwindled, the cash buyer continues to have an impact on home sales in La Canada. In June 2013, the average La Canada home sold for $538 per square foot and the average selling price was $1,509,001...
20% of Glendale Homes Sales Were Cash!
A small (660 sq ft) Glendale home sold at $642 a foot which skewed most of Glendale’s numbers. The absorption  rate is the highest it’s been in the last fourteen months. An absorption rate of under 5.0% reflects a very strong seller’s...
