41% of May’s LaCrescenta home sales were distress sales

LaCrescenta’s home sales cooled in May:

  • Number of homes sold dropped
  • Average price per sq ft dropped
  • Days on market increased to highest number for the year
  • Average Selling price decreased as well



BUT: Homes in LaCrescenta on average continue to sell over asking price.  

Related Posts: 39% of LaCrescenta’s April home sales were distress sales  
33% of Glendale’s May home sales were distress sales
More than 1/3 of La Canada’s May home sales were distress sales

 

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