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 Canada listings we also don’t have as many active home buyers this time of year. The good news for La Canada home buyers is that there are fewer cash buyers competing with the reduced inventory.
Last month the average La Canada home sold for over $600 per sq ft, the highest price for the year. Average selling price is up as well.
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