Let’s take a look at the La Crescenta housing market for May 2023. What a difference a year makes. May 2022 had thirty-two sales in the 91214 zip code. Last month was less than 1/3. Seven of the ten sales sold over the asking price.
The remaining three sold for less than the listing price. The largest price drop was for a 970-square-foot home on La Crescenta South of Foothill. It was listed at $849,000. After 28 days on the market, it sold for $735,000.
The least expensive home sold in La Crescenta in May 2023 was a two-bedroom, two-bathroom, 970-square-foot home located at 3924 La Crescenta Ave. Initially listed for $849,000. It sold for $735,000 in twenty-eight days. The most expensive home sold was a four-bedroom, three-bathroom, 2,644 square foot home located at 2645 Pinelawn Dr. The original price of this Pinecrest home was $1,895,000, and it found a buyer within just eleven days. It sold for an impressive amount of $2,060,000 – well above the initial asking price.
In examining the La Crescenta Housing Market for May 2023, it’s interesting to look at the average price per square foot. The average price per foot did not see the large disparity we have come to expect. On the low end was a 2235-square-foot home on Hermosa. On the high end was a 964 square-foot home on Boston selling for $892.12
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3710 Cedarbend La Crescenta
