As a Realtor, I am frequently 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 from what is occurring with La Canada real estate.  Augusts’ La Canada real estate statistics are in:



The good:
Price per square ft the highest for the year
Days on market (DOM) down  
Average selling price increased
 
The bad:
At 19, the number of homes sold decreased, but in August, 2010, just 14 La Canada homes sold
Average Sales Price to List Price decreased
Absorption rate  increased



Thinking of buying or selling a La Canada home?  Call me to discuss how these statistics relate to your circumstances.

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