The La Canada housing market for April 2021 is still going strong. Let’s crunch the numbers!
Last month, thirty-one homes closed escrow. Twenty-two sold for over their asking price, one at the asking and eight under their asking price. Only three homes had price reductions before selling. More than half of the thirty-one homes sold over $2 Million.
Last month, the least expensive home sold in La Canada was a three-bedroom, two-bathroom, 1,388-square-foot home located at 4407 Rockmere Way, which closed escrow for $1,025,000. The most expensive home sold was a seven-bedroom, ten-bathroom, 8,011-square-foot estate located at 4055 Chevy Chase Dr., which sold for $7,215,000.
The days on the market, how long it takes to sell, is the lowest for the year. The average selling price to list is the highest year to date. Only three La Canada homes sold for less than $1,500,000.
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