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 sales statistics for a few of my favorite Los Angeles neighborhoods and publish them here on my blog.  Each community is different; what is happening with other Los Angeles communities can be quite different as to what is happening with La Canada real estate.

The good:
31 La Canada homes sold in July (the highest number for the year)
Absorption rate is down
Percentage of Average Selling Price to List Price increased

The bad:
Average price per sq ft declined a bit
Days on market (dom) increased
Average selling price decreased (luxury real estate is moving slowly in La Canada)  



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