Real Estate Market stats
39% Of La Canada home sales were under one million dollars
The La Canada move-up buyer is back, 39% of last month’s La Canada home sales were under one million dollars The absorption rate of less than 2% indicates a very strong seller’s market. Cash sales continue to play an integral part in t...La Crescenta Real Estate Values up 26%
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 Average Price Per Sq Ft of Homes Sold in La Canada Continues its Climb
Last March (2013), the average La Canada home sold in 46 days at $521.21 per square foot. The average selling price was $1,433,654; 27% of the sales were to cash buyers. In March 2014, cash sales were less impacted – just 15% of the La Canada...
La Canada Real Estate Values
Take a quick look at where La Canada real estate values February 2014. Year-over-year comparison: February 2013: The average price per sq ft of La Canada homes was $455.41 The average home was selling/closing in 121 days The avera...
20% of Glendale Homes Sales Were Cash!
A small (660 sq ft) Glendale home sold at $642 a foot which skewed most of Glendale’s numbers. The absorption rate is the highest it’s been in the last fourteen months. An absorption rate of under 5.0% reflects a very strong seller’s...
La Crescenta Real Estate Values Up 16%
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...
Pasadena Real Estate Values November 2013
Have Pasadena real estate values stabilized? Foreclosures and short sales comprise just 10% of the Pasadena real estate market. The average price per square foot of Pasadena home sales in October and November are nearly identical. The a...Have La Canada real estate values peaked?
The average price per foot and average selling price of La Canada homes dropped slightly from last month. On the other hand, La Canada homes are selling faster - the average days on market has decreased. While the average La Canada home is se...
