As a real estate agent, I am continually asked about La Canada real estate prices, price per square foot, days on market, etc.  So each month, I search the MLS (multiple listing service) and break down the statistics for a few of my favorite Los Angeles neighborhoods and publish them here on my blog.  Each community is different, so what is happening with other communities in Los Angeles can be quite different as to what is happening with La Canada real estate.






Although in May, there were no La Canada short sales or foreclosures reported sold in the MLS, in June 23% of the La Canada real estate market consisted of short sales and foreclosures.  Other than the distress sales, June’s statistics were good:

Days on market decreased
Average price per square foot increased
Average Selling Price increased – highest for the year
Percentage of Average Selling Price to List Price increased
Absorption Rate decreased

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