First thing each morning, I and most other Realtors check the multiple listing service.  We check for new listings, price reductions, solds, etc.  

Earlier this week I noticed a La Canada 3+2 on Angeles Crest Highway sold for $679,000.  Granted it's a busy street, but the home offers over 1600 square feet and is sited on a nearly 9,000 sq ft lot.  Kitchen and baths were from the 80’s, but a real value for someone wanting to live in the La Canada school district.

I thought it might be interesting to track the La Canada home sales under $1,000,000 for the last six years: 


Interesting to note that La Canada home buyers in this price range are purchasing larger square footage today than in 2006.  Also interesting is that the average selling price remains in the $800k range.