It is an extremely hot seller’s real estate market in La Crescenta. I keep discussing real estate values, average prices and absorption rates. The Absorption rate is a calculation of how long it will take for all of the homes on the marke...
Luxury real estate sales in Pasadena are thriving. Three Pasadena homes sold for over $3,000,000 last month (April). The most expensive Pasadena home sale was 1199 South El Molino. The 1913 Tudor home offers 6 bedrooms, 7 baths, 8700+ square fe...
The most expensive Glendale home sold last month was USC’s former baseball coach Rod Dedeaux’s home. Located at 747 W. Kenneth Rd. in Glendale this home is sited on ¾ acre offering over 4,000 square feet. In March (2015) the home sold ...
How is the La Canada real estate market? Well if you ask La Canada home sellers, the market is great. But on the flip side, just ten lucky La Canada buyers were able to close escrow on their La Canada dream home last month. The average p...
The most expensive Pasadena home sale in March (2015) was newly constructed 543 Woodward Blvd. The home is over 5500 square feet on ½ acre. The buyer purchased the home with cash.
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La Crescenta luxury real estate is personified by Markridge Estates. Last month’s most expensive La Crescenta home sale was 3812 Brittany Lane in La Crescenta’s Markridge Estates community. This 4 bedroom, 4 bath home is over 3700 squar...
The average Glendale’s price per square foot continues to hover in the low to mid 4’s, while the absorption rate remains in the 2’s. It continues to be an extremely strong real estate market for Glendale home sellers
How are real estate values in Pasadena holding up? The median price of Pasadena home sales has increased each month in 2015. The average Pasadena home is selling just shy of asking price, but many Pasadena homes continue to sell over askin...
Last month, (February 2015) there were five Pasadena luxury home sales, three of which were purchased by cash buyers:
1137 Parkview Ave. in Pasadena’s Linda Vista neighborhood sold for $6,950,000. The buyer of this 8600+ square foot home pai...
Before we take a look at La Canada’s February real estate market stats, let’s examine what median selling price means. Median means "in the middle”, the median price is the midway point. The median selling price means that half of the h...