Let’s dive into the La Crescenta Real Estate for December 2023. Last month, seventeen homes were sold. Nine La Crescenta homes sold over their asking price. One at the asking and seven less than the asking price. A four-bedroom home at 2247 Maurice Ave. sold for $510.51 per foot. A two-bedroom at 4217 Boston Ave. sold for $1,123.19 per foot. Eight of the sales sold in 15 days or less.
The least expensive home sold was a one-bedroom, one-bathroom, 1,071-square-foot home located at 2920 El Caminito. Initially listed for $769,000 and sold in forty-four days for $715.000. The most expensive home sold was a three-bedroom, three-bathroom, 3,410 square foot home located at 2972 Hawkridge Dr. Listed for $2,395,000 it sold in twenty days for $2,430,000.
The absorption rate for La Crescenta real estate December 2023 is extremely low which is typical for this time of the year. The median sales price reflects that one half of La Crescenta homes are selling for more than $1,080 and one half for less. Seven La Crescenta homes sold for less than $1,0000.00. Just four homes sold for over $1,500,000.
It will be interesting to find out what the rest of the year will look like for La Crescenta home sellers and buyers. Keep reading our blog and find out!