Let’s take a look at La Canada home stats for March 2019:
Last month there were twelve La Canada home sales, down from last month’s fifteen. It may have been all of the rain hindering sales. Typically, March closings should have been more than February’s. February’s absorption rate was an anomaly due to the rain. La Canada home sellers likely waited to get their homes on the market after it stopped raining.
The least expensive sale was $1,075,000 for a three bedroom, two bath, 1,423 square foot home on 217 Lamour Dr. The most expensive La Canada home sold was for $2,395,000 for a three bedroom, four bath, 3,362 square foot home on 5026 Castle Rd. Three La Canada sellers reduced their asking price (list price) before selling. It’s not all bad news; three homes sold over their original list price. One sold at the original asking price.
