Glendale real estate values continue to climb. Today’s higher prices are only to be expected as the economy improves and first-time buyers gradually return to the market. Eventually, those higher prices should encourage more owners to list...
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 ...
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...
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...
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...
Pasadena homes are selling faster and for substantially more than last year. The only bright light for Pasadena home buyers is that the average selling price to list shows a little wiggle room. The absorption rate is a bit higher than last Fe...
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...
And the Winner is…..
Pasadena’s most expensive home sale in 2014 was in the sought-after Oak Knoll neighborhood. 795 Oak Knoll Cir, Pasadena, seven bedrooms, twelve baths over 12,000 square feet on just over one acre. Sold...
La Canada real estate values have increased 22% from last year. Cash buyers continue to play a major role in La Canada real estate sales. Cash transactions comprised 17% of last month’s home sales.
Let’s see how La Canada re...
I am concerned over how quickly Los Angeles real estate values have rebounded in one year. Last September the average sales price of a Glendale home was $623,755. The average price per square foot was $327.70 – 15% less than September 2013. ...