And the Winner is…..
Pasadena’s most expensive home sale in 2014 was in the sought-after Oak Knoll neighborhood. 795 Oak Knoll Cir, Pasadena, seven bedrooms, twelve baths over 12,000 square feet on just over one acre. Sold...
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...
There have been six $3,000,000+ luxury real estate sales in La Canada this year (two purchased with cash). Last month (September 2014) there was one luxury La Canada home sale:
Sited on one of La Canada’s favorite streets at 1125 Descans...
The number of La Canada home sales decreased in August. Although the absorption rate indicates an extremely strong seller’s market, it increased from last month (still strong seller’s market, just not as strong).
19% of La Canada...