As a La Crescenta real estate expert it’s important to crunch the monthly real estate numbers. Let’s dive into the La Crescenta Housing statistics for February 2022:
Last month fourteen homes sold. Thirteen sold over asking and just one less than asking price. None of these properties had price reductions prior to selling. Days on market averaged just nineteen days.
The least expensive home sold was a two bedroom, one bathroom, 974 square foot home located at 2507 Rockdell St. Listed at $820,0000 it sold for $905,000. The most expensive La Crescenta sale was as a three bedroom, two bathroom, 1,777 square foot home located at 5529 Terrace Dr. It sold for $1,850,000 while the list price was $1,789,000.
Although average price per square foot is a common tool when examining La Crescenta housing statistics, it is only accurate when comparing similar homes. Similar in size, lot size, amenities, location, etc. Average price per square foot ranged from a low of $599.85 for a six bedroom, four bath 2,709 square foot home located on Los Olivos Lane. This home on Los Olivos was the only La Crescenta home to sell for less than the asking price. Asking price was $1,629,000 and it sold just $4,000 less.
The highest price per square foot sale was also the most expensive sale. The home 1,777 square foot home on Terrace listed above. It sold for $1,041.08 per square foot.
