The increased number of home sales impacts La Canada real estate values. The absorption rate reflects supply and demand. Last month’s absorption rate was the lowest for the year.
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If you are a La Canada home buyer, you are painfully aware of the increase in La Canada real estate values. Although May’s median value is down from its March high, its $236,500 higher than in January. The average La Canada home is selling ...
La Canada luxury home sales
Last month (May, 2015) the most expensive La Canada luxury home sale was 4262 Oakwood Ave., 91011
Stats: 6 bedrooms + 6 baths, built in 1993, 5214 sq. ft., on over ½ acre. The home was on the marker for 44 days ...
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 p...
Luxury real estate in La Canada is doing well. Last month there were two high end real estate sales:
1313 Descanso Drive, La Canada sold for $4,250,000 3/31/15
5 + 6, ½+ acre, 5700+ sq. ft.
348 Blythe Rd., La Canada sold for $4,50...
Before we take a look at La Canada’s February real estate market stats, let’s examine what median selling price means. Median means "in the middle”, the median price is the midway point. The median selling price means that half of the h...
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 ...
Yes, this is a real estate blog. But quality of life impacts real estate values. Here’s what I enjoy about living in the Foothills:
Other than the horrific traffic light at the corner of Angeles Crest and Foothill, I love that we don’t h...
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...