La Crescenta’s August real estate sales transactions reflect that 39% of La Crescenta home sales are foreclosures (REO’s) or short sales, up from July’s 28%.

*The number of homes sold has only slightly decreased from July
*Average price per square foot declined to the lowest level for the year
*Average sales price declined to the lowest level for the year
* Average days on market (DOM) is up from July
*Average selling price dropped nearly $120,000
*Percentage of selling price to list price is relatively unchanged from July