In La Crescenta it’s an extremely strong home seller’s market. The absorption rate is less than 2%, even lower than this time last year. The average La Crescenta home is selling for more than last year (median price and average price).
A...
The most expensive La Crescenta home sale in February 2014 was 2430 Laughlin Ave.
Newly built in 2005, this 4 + 4 home was measured at over 3200 square feet which included a 343 square foot in-law suite with separate entrance. Sited on over ...
Let’s take compare La Crescenta real estate values, year over year:
Average price per square foot and selling price is up. Days on market down (La Crescenta homes are selling more quickly than last year). Absorption rate is down (stronger s...
Real estate values in La Crescenta continue to increase. Although fewer homes sold last month (December 2014) the average price per ft. has increased. As well as the average selling price. It is taking longer to sell/close homes but much of...
Luxury La Crescenta Real Estate Sales Recap:
In December 2014, three La Crescenta homes sold for over $1,000,000
2346 Orange Cove Ave., La Crescenta
3+4, 2446 square feet, lot 13,875, year built: 1926
Listed 6/13/14, $1,200,000
Sold 12...
Last year (November 2013) 24 La Crescenta homes sold. The average price per sq. ft. was $411 and it took on average 56 days for a La Crescenta escrow to close.
Cash sales comprised 40% of last months (November 2014) real es...
Luxury real estate sales continue to do well in La Crescenta. Last month (November 2014), the most expensive La Crescenta home sold was 4825 El Sereno Ave. The 5 bedroom 4 bath home encompassed 4205 square feet and was sited on a 12,135 squa...
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...
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...
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.�...