Is La Crescenta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, La Crescenta has remained a Seller's Market.
Housing Prices in La Crescenta, CA
How much do homes in La Crescenta, CA cost?
Median Sold Price
$1,275,000
$786/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in La Crescenta was $1,275,000 in June 2024, up 8.3% from last year, and the median price per square foot was $786.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $495K | $466K | -5.9% |
2 Bedrooms | $855K | $975K | +14.0% |
3 Bedrooms | $1.2M | $1.2M | +4.6% |
4 Bedrooms | $1.5M | $1.5M | +0.6% |
5+ Bedrooms | $2.0M | $2.3M | +13.1% |
Summary: La Crescenta housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
La Crescenta | $1.1M | $1.2M | +8.3% |
San Fernando Valley | $889.4K | $952.2K | +7.1% |
La Canada Flintridge | $2.2M | $2.3M | +6.2% |
Glendale | $1.1M | $1.1M | +4.6% |
South Antelope Valley | $526.6K | $535K | +1.6% |
Housing Supply in La Crescenta, CA
How many homes are available in La Crescenta, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
73 | 71 | -2.7% |
Summary: The La Crescenta real estate market had 71 homes for sale in June 2024, a 2.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 38 | 39 | +2.6% |
4 Bedrooms | 20 | 14 | -30.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The La Crescenta housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in La Crescenta in June 2024, up by 10.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 5% were sold at asking, and 62% were sold over asking.
Days on Market for La Crescenta, CA
How long does it take to sell a home in La Crescenta, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 20 Days | -11.1% |
Summary: Homes in La Crescenta had an average of 20 days on market in Jun 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 21 homes were sold in La Crescenta; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.