Is La Crescenta, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$1,220,000
$777/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in La Crescenta was $1,220,000 in March 2024, up 1.7% from last year, and the median price per square foot was $777.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $466K | -0.9% |
2 Bedrooms | $890K | $930K | +4.5% |
3 Bedrooms | $1.2M | $1.2M | +4.2% |
4 Bedrooms | $1.6M | $1.5M | -6.3% |
5+ Bedrooms | $1.9M | $2.2M | +19.3% |
Summary: La Crescenta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
Glendale | $1.1M | $1.1M | +2.2% |
San Fernando Valley | $910.8K | $928.8K | +2.0% |
La Crescenta | $1.2M | $1.2M | +1.7% |
La Canada Flintridge | $2.3M | $2.3M | +1.0% |
South Antelope Valley | $535K | $530.8K | -0.8% |
Housing Supply in La Crescenta, CA
How many homes are available in La Crescenta, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 50 | +6.4% |
Summary: The La Crescenta real estate market had 50 homes for sale in March 2024, a 6.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 29 | 27 | -6.9% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The La Crescenta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 18 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in La Crescenta in March 2024, up by 80.0% month-over-month. Of the 18 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
24 Days | 24 Days | +2.2% |
Summary: Homes in La Crescenta had an average of 24 days on market in Mar 2024, up by 2.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in La Crescenta; 83% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.