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...
In La Canada, one typically needs to spend $3,000,000 or more to buy a home to swoon over. Last month (August 2014) there was one La Canada home sale exceeding the three million mark:
4335 Woodleigh, La Canada:
3 + 4 + 2 + 2 guest house, po...
I closed my architecturally significant mid-century on Fairmount last month – an amazing home but it needed updating. What constitutes luxury real estate is different in each community; in La Canada $3,000,000 buys you something substanti...
No new trends in La Canada real estate: distress sales (foreclosures and short sales) continue to have little impact on the current La Canada real estate market and cash buyers continue to play a key role. Last July the average La Canada h...
Each community has a different price point for luxury real estate, in La Canada generally anything $2,000,000 and higher is considered luxury real estate
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While short sales and foreclosure have dwindled, the cash buyer continues to have an impact on home sales in La Canada. In June 2013, the average La Canada home sold for $538 per square foot and the average selling price was $1,509,001...