Each community has a different price point for luxury real estate. In La Crescenta generally anything $1,000,000 and higher is considered luxury real estate.
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 ...
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...
Each community has a different price point for luxury real estate, in La Crescenta generally anything $1,000,000 and higher is considered luxury real estate
Search all la Crescenta Listings here
As I compose this post, the MLS lists twelve La Crescenta homes for sale, each priced at over $1,000,000. There is not a lot of significant architecture in La Crescenta. I was surprised to discover this Neutra in the Los Angeles Foothills o...
There are many reasons to enjoy living in the Los Angeles Foothills. One of them is Deukmejian Wilderness Park.
Year-round activities include campfires and third Saturday Wilderness Workdays.
The Trails:
Dunsmore Canyon Trail, 0.9 mi...
Last month’s La Crescenta real estate stats are mixed. The absorption rate is the lowest for the year (stong seller’s market). But average price per sq ft and average selling price have dipped.
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Each community has a different price point for luxury real estate. In La Crescenta generally anything $1,000,000 and higher is considered luxury real estate.
Last April:
33 La Crescenta homes closed escrow
The average price per sq ft was $366.46 and the average selling price was $682,249
12% were short sales (this year just .5% of La Crescenta homes were distress sales (REO’s no short s...
The average price per sq ft of La Crescenta homes sold has increased 26% since last year (comparing March 2014, vs. March 2013).
Last year the average La Crescenta home sold for $622,511 versus this year’s $711,216.
Last year short ...