How is the La Canada real estate market? Well if you ask La Canada home sellers, the market is great. But on the flip side, just ten lucky La Canada buyers were able to close escrow on their La Canada dream home last month. The average price per square foot and median selling price has steadily increased each month in 2015. In addition, last month the average La Canada home sold and closed escrow in only 38 days!
But with the spring selling season, comes more La Canada listings – the absorption rate increased over 2 points from last month…. More inventory is coming on the market, which is good news for La Canada home buyers.
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