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. ...
In September 2012, 18 La Crescenta homes sold versus this year’s 22, the average price per square foot was $361.14. A year ago the average La Crescenta home was on the market (DOM) 59 days versus this year’s 43. The CDOM (cumulative/tot...