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La Canada October 2014 Real Estate Values

    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...

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Luxury Real Estate Sales in La Canada 1

Luxury Real Estate Sales in La Canada

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...

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La Canada September 2014 Real Estate Stats 2

La Canada September 2014 Real Estate Stats

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...

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La Canada Luxury Real Estate Listings and Sales

La Canada Luxury Real Estate Listings and Sales

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...

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Luxury Real Estate in La Canada

Luxury Real Estate in 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...

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La Canada Luxury Real Estate

La Canada Luxury Real Estate

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...

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24% Of La Canada Homes Are Purchased With Cash 1

24% Of La Canada Homes Are Purchased With Cash

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...

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30% of La Canada Home Sales are Purchased with Cash 3

30% of La Canada Home Sales are Purchased with Cash

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...

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