La Crescenta Housing Market Update December 2018: Last month thirteen La Crescenta homes (91214 zip) closed escrow. A one bedroom, one bathroom, 763 sq ft home on Fairesta St. sold for $575,000 and a four bedroom, three bathroom, 2,664 sq ft home on Willowhaven Dr. sold for $1,300,000.
Four of these homes sold for over asking price. Five of these La Crescenta sales had price reductions prior to selling. Nine sold for less than the original asking price.
From Core Logic: “Homeownership remains an important part of the American dream. Our research found that being a homeowner makes consumers feel safe in their homes. Renters really want something to call their own. However, until affordability comes back into balance, renters will have a hard time purchasing a home.”
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