Real Estate Sales Transactions, La Canada, August 2010

La Canada’s real estate sales transactions reflect that  August is typically a quiet real estate month in this sleepy little community. 

The number of La Canada homes sold in August is down 44%, but the good news is that of the fourteen homes sold, none were foreclosures or short sales. 

The rest of the numbers are mixed:

* Augusts’ average price per square foot is up
*Average days on market (DOM) is up, average selling price increased by over $100,000
*Percentage of selling price to list price decreased by  1%

Related Posts: 20% of July’s La Canada home sales were distress sales  
How long is it taking lenders to foreclose?  
How much are the bankers really losing  

 

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