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...
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). ...
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...
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
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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...