22% of La Crescenta home sales were foreclosures or short sales

Let's wrap up the real estate statistics for the month with La Crescenta.  How are real estate values and the market faring in this Foothill community?



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:

The good:
Absorption rate increased

The bad:
The number of homes sold/closed decreased
Average selling price decreased
Days on market (DOM) increased)
Average selling price decreased



My monthly compilation of these stats are meant as an overview of the real estate market.  If you are buying or selling, call me and I will be happy to explain how these statistics impact you.

Search La Crescenta Homes for Sale

Find La Crescenta Short Sales

Search La Crescenta foreclosure listings



 

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