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October 2014 Luxury La Crescenta Real Estate Sales

October 2014 Luxury La Crescenta Real Estate Sales

What is a luxury home sale in La Crescenta?  Let’s go with any sale in the 91214 zip code selling for over $1.5 million.  Not too many La Crescenta real estate sales meet this criteria; there have been four luxury home sales through October...

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La Crescenta Real Estate Values, October 2014 5

La Crescenta Real Estate Values, October 2014

  Year to date, the average price per square foot of La Crescenta homes has been averaging $411 –$ 447.  16% of last month’s La Ctrescenta real estate sales were to cash buyers. Foreclosure and short sales continue to have little i...

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La Crescenta Real Estate Values

Short Sales and foreclosures continue to impact La Crescenta real estate values little.  The average La Crescenta home is selling in 47 days over the asking price.  The low absorption rate indicates an extremely favorable sellers market.�...

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La Crescenta Luxury Home Sales and Listings

La Crescenta Luxury Home Sales and Listings

There have been three La Crescenta luxury home sales this year for over $1,500,000.   Last month, 5230 Briggs Ave. was sold for $1,560,000.  The asking price was $1,599,000.  This La Crescenta home was recently remodeled and sited on over...

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56% of La Crescenta Homes Sales Were To Cash Buyers 2

56% of La Crescenta Homes Sales Were To Cash Buyers

   The average price per square foot of La Crescenta homes sold in August (2014) was the highest for the year.  Perhaps the influx of the cash buyer is the reason that the selling price to list price decreased a bit (lowest year to date). ...

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La Crescenta July 2014 Luxury Real Estate Sales

La Crescenta July 2014 Luxury Real Estate Sales

I consider any La Crescenta home selling for over $1 million to be luxury real estate.  Last month, there were seven La Crescenta luxury real estate sales.  The star of last month’s high end La Crescenta sales was 2354 Panorama which sold...

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La Crescenta Selling Prices at all year high 1

La Crescenta Selling Prices at all year high

There were 20 home sales in La Crescenta in July, showing the average price per square foot at $423.69.  The average sales price has increased substantially as well. January $638,593 February $694,238 March $711,216 April $769,260 May ...

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53% of La Crescenta Sales Were Purchased With Cash 3

53% of La Crescenta Sales Were Purchased With Cash

According to MLS data, there has only been one short sale and one foreclose year to date.  But the big news is the high percentage of cash buyers in La Crescenta.  Last June (2013) there were 31 La Crescenta homes sold; the average selling pr...

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