In 2007, 22 La Crescenta homes sold for $1,000,000 or more – the high for La Crescenta luxury home sales. The average price per sq. foot and average selling also hit record breaking levels in 2007. Last year (2013), there were 11 La Crescenta home sales – more than the prior four years.
The average days on market for luxury real estate in La Crescenta is 48 days – we haven’t seen high end La Crescenta homes sell this quickly since 2006. Last year, the average selling price to list was 101.45% again record breaking.
So, while La Crescenta luxury sales have not surpassed the 2007 high, high end La Crescenta real estate is selling faster and on average over asking price.
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