Let’s crunch the La Crescenta Real Estate Update numbers in November 2020. The least expensive home sold was 4740 Boston Avenue. This two-bedroom, one-bathroom, 986-square-foot home was initially listed for $749,000. It sold in four days for over asking at $767,500. The most expensive sale was a five-bedroom, four-bathroom, 4,184-square-foot home located at 2654 Prospect Ave. This luxury La Crescenta home sold for $1,695,000 which was $100,000 less than asking.
Seventeen homes closed escrow, down a bit from last month but typical for this time of year. Eleven of these homes sold for over asking, two at asking and only four less than list price. Last month we closed escrow on our listing at 3032 El Caminito. We listed this La Crescenta pool home for $1,185,000 and closed for $1,320,000.
Well priced homes continue to sell over asking price. The sales price to list price ratio for November was 103.43%. Contact us to learn more about La Crescenta real estate values.