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...
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 ...
The good news for La Crescenta home sellers is that the average price per square foot has increased 16% since February of last year. The average La Crescenta home is selling for more than $138,000 over last year.
The good news for La Cresc...
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 Cre...