La Canada July 2015 Home Sales: The spring home-buying season may be over, but La Canada home sales remain strong. In fact, they’re thriving. Right now, the absorption rate sits at just 2.17. That means only two months of housing inv...
La Canada June 2015 luxury home sale: Last month, the most expensive La Canada home sale was 4407 Shepherds Lane. The home was rebuilt in 2015, leaving only one original wall. This 5-bedroom, 5-bath luxury home sold in 31 days for $3,275.00 ...
2015 La Canada Real Estate Values May 2015: If you are a La Canada home buyer, you are painfully aware of the increase in real estate values in La Canada. Although May’s median value is down from its March high, it is $236,500 higher than i...
Luxury real estate sales are surging. As reported in the Wall Street Journal: four years ago, a Russian billionaire became the first person known to pay the unheard-of price of $100 million for a single-family home in the U.S. While breaking ...
La Canada March 2015 Real Estate Values: It’s a mixed picture. The absorption rate suggests a more balanced market. If no new listings came on, current inventory would sell out in about six months. That leans slightly in favor of buyers. Ho...
La Canada Luxury Real Estate Sales March 2015: Luxury real estate in La Canada is doing well. Last month, there were two high-end real estate sales:
1313 Descanso Drive, La Canada sold for $4,250,000 3/31/15
5 + 6, ½+ acre, 5700+ sq. ft...
La Canada Real Estate Market 2015 vs 2014: Before examining La Canada’s February real estate market stats, let’s discuss the median selling price. Median means "in the middle,” and the median price is the midway point. The median selling ...
Luxury Real Estate Sale La Canada February 2015: Last month, the most expensive La Canada home sale was 3996 Chevy Chase Drive. This five-bedroom, six-bath estate is over 7,000 square feet on an acre and was built in 2002 and sold for $4,305,00...
Last month (November 2014) 20% of La Canada real estate sales were sold to cash buyers. Only 15 La Canada homes sold last month.
Seven out of the last eleven months saw the average La Canada home selling for over asking price. Last month’s p...
There were three luxury real estate sales in La Canada last month (November 2014):
752 Georgian Rd. (While I love mid-century homes, they sometimes flounder on the market in La Canada).
4 + 6, 5862 sq. ft., 26,475 lot, Built in 2002
Originally...