How are real estate prices and the market faring in La Crescenta? As Realtors constantly confer with buyers and sellers regarding real estate prices, agents need to keep apprised of housing trends.  Each month I research the MLS (multiple listing service) to determine current real estate market conditions.   I compiled the following statistics for La Crescenta real estate:

In July, the good:
The number of homes sold was the highest for the year
Absorption rate decreased
Average sales price is the highest for the year

The not so good:
Average price per sq ft is down
Days on market (DOM) increased
Average Sales price to list price declined



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