Last month’s (February 2015) most expensive La Canada home sale was 3996 Chevy Chase Drive. This 5 bedroom, 6 bath estate is over, 7,000 square feet on an acre. The home was built in 2002 and sold for $4,305,000. The home previously sold ...
Although there has been some play in La Canada listing prices (negotiating room) luxury real estate is doing well in La Canada. Last month (January 2015) there were two, $3,000,000+
La Canada home sales:
756 Greenridge Dr., La Canada’s Co...
Last year the average La Canada home was selling faster and over asking price. Last year’s absorption rate indicated a stronger seller’s market. But this year the average selling price and price per square foot is higher for La Canada r...
La Canada real estate values continue their upward trend. Year over year comparison: Although the average La Canada home is taking longer to sell (DOM) the number of homes sold increased, average price per foot increased, average La Canada ...
Last month (December, 2014), there was just one $3,000,000+ luxury real estate sale in La Canada:
5063 Oakwood Ave., La Canada
6+6, 6307 sq. ft., 17,808 lot, built: 2006
Listed $3,980,000 and sold within 42 days $3,950,000 – 99.25% of a...
Last month (November 2014) 20% of La Canada real estate sales were sold to cash buyers. Only 15 La Canada homes sold last month.
Seven out of the last eleven months saw the average La Canada home selling for over asking price. Last month’s p...
There were three luxury real estate sales in La Canada last month (November 2014):
752 Georgian Rd. (While I love mid-century homes, they sometimes flounder on the market in La Canada).
4 + 6, 5862 sq. ft., 26,475 lot, Built in 2002
Originally...
La Canada real state continues to hold its value. 18 La Canada homes sold last month. Last October (2013) the real estate absorption rate was 3.05% versus last month’s 1.89%. It continues to be a strong sellers’ market in La...
Luxury real estate sales in are thriving in La Canada. There were four, three million + La Canada real estate sales in October, one of which sold for cash:
655 Hillcrest, La Canada, 91011 sold for cash. It was a tear down on a one + acre v...
Slim pickings for home buyers in La Canada. Last month just 13 homes closed versus 20 La Canada home sales in September of last year. La Canada real estate is driven by La Canada schools, and while we don’t have as many active La Can...