To remain one of the top La Crescenta real estate agents, each month, I dissect the housing numbers for the 91214-zip code. Let’s dive into the La Crescenta Housing Market for April 2023.
La Crescenta experienced significant growth in Q1 2023, as evidenced by the average and median home prices increase. The least expensive home sold in La Crescenta was a three-bedroom, one-bathroom, 960-square-foot home located at 3647 3rd Ave. Initially listed for $879,000. It sold in twenty-one days for $808,000. The most expensive home sold was a four-bedroom, three-bathroom, 2,241 square-foot home located at 2435 Orange Ave. The list price was $3,000,000, and it sold over asking before being entered in the MLS (Multiple Listing Service) for $3,100,000.
How many La Crescenta homes sold over the asking price? Nine! One sold at the list price, and seven La Crescenta homes sold for less than asking. A three bedroom, two bath 1176 square foot home on Fairesta listed at $895,000 and sold for $1,100,000.
When examining the La Crescenta housing market April 2023, it’s interesting to note the variation of price per square foot. As is the norm, the price per square foot varied greatly. On the low side was a 2200-square-foot home on Los Olivos selling for $527.27 per foot. On the high side was the luxury home sale noted above on Orange. It sold for $1,383.31 per foot. Proving once again that price per square foot is not a good indicator of values.
