Voted again as CV Weekly’s Finest Realtor in La Crescenta, I thoroughly analyze the real estate market monthly. Let’s dissect the La Crescenta Real Estate for May 2024. Eighteen homes sold last month; fifteen sold over the asking price and one under the asking price. A four-bedroom, three-bathroom home at 3930 Abella St sold for $649.09 per foot. A three-bedroom, one-bathroom home at 3320 Community Ave sold for $1,191.63 per foot.
The least expensive home sold in La Crescenta was a three-bedroom, two-bathroom, 1,272-square-foot home at 3344 Prospect Ave. The seller listed the home for $880,000, but it sold in twenty-four days for $955,000. This was the only La Crescenta sale for less than one million.
Six of the eighteen sales sold over $1,500,000. The most expensive home sold was a four-bedroom, three-bathroom, 3,603-square-foot home located at 2354 Mountain Ave. Initially listed at $2,195,000, it sold for $2,350,000 in just eight days. A four-bedroom, three-bath home on Abella listed at $1,249,000 and sold for $1,585,000.
The range of days on the market for the sold homes varied from two to forty-five.
Again, the La Crescenta Real Estate May 2024 reflects an extremely low absorption rate.
