Single Family Homes by Area – SOLD in July 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average  Avg.  Days
 SOLD Square Ft. Price/SF    List    Price   On Market SP % LP
La Canada 21 3011 $ 713 $ 2,033,714 64 102.20%
Montrose 3 1369  $ 594 $ 767,667 31 103.85%
La Crescenta 32 1862 $ 566 $ 962,896 36 101.83%
Tujunga  14 1509 $ 424 $ 590,829 17 100.62%
Sunland  20 2120 $ 361 $ 711,185 33 100.69%

 

 

Posted on August 1, 2017 at 9:08 pm
Jana Ace R Wunderlich | Category: Market Stats

Homeownership Rate Rebounds from 50-Year Low

The U.S. homeownership rate may have finally bottomed out, as the share of Americans who own homes is steadily climbing. The ownership rate posted an increase in the second quarter, reversing a sharp downward trend that begun in the Great Recession.

 

 

 

The homeownership rate was 63.7 percent in the second quarter, the U.S. Census Bureau reported Thursday. That marks nearly a full percentage point increase from a year ago.

Last year, the homeownership rate had plunged to a 50-year low of 62.9 percent.

“The addition of 1.2 million households being homeowners is clearly good news, as more households are participating in housing equity gains,” says Lawrence Yun, chief economist for the National Association of REALTORS®. “But let’s keep it in perspective: There are fewer homeowners today compared to a decade ago, while renter households have risen by 8 million. So it is still the case that the massive $7 trillion in housing wealth gains from the cyclical low point has been accumulated by a fewer number of families in America. Further advances in homeownership are required to strengthen and broaden the middle class.”

 

 

Source:  The Wall Street Journal (July 27, 2017) and National Association of REALTORS

 

Posted on July 31, 2017 at 8:34 pm
Jana Ace R Wunderlich | Category: Buyers, Market Stats

Single Family Homes by Area – SOLD in June 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 30 3774 $ 635 $ 2,354,730 43 96.62%
Montrose 0  —
La Crescenta 30 1604 $ 569 $ 822,163 44 102.13%
Tujunga  22 1446 $ 436 $ 559,165 41 103.00%
Sunland  29 1446 $ 444 $ 591,735 30 100.55%
Posted on July 5, 2017 at 7:20 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in May 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 25 3131 $ 687 $ 2,113,160 54 98.34%
Montrose 1 1704 $ 490 $ 825,000 11 101.21%
La Crescenta 18 1758 $ 532 $ 877,038 34 103.02%
Tujunga  19 1598 $ 423 $ 616,960 31 102.05%
Sunland  24 1737 $ 389 $ 619,600 27 103.62%
Posted on June 5, 2017 at 6:43 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in April 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 14 2805 $ 673 $ 1,833,643 47 100.03%
Montrose 2 993 $ 615 $ 612,200 169 96.54%
La Crescenta 26 1636 $ 563 $ 826,219 52 101.24%
Tujunga  19 1416 $ 456 $ 602,257 32 101.67%
Sunland  21 2443 $ 352 $ 784,573 44 101.15%
Posted on May 2, 2017 at 7:13 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in March 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 26 3238 $ 681 $ 2,134,692 26 101.84%
Montrose 3 1856 $ 454 $ 812,666 61 102.71%
La Crescenta 22 1747 $ 546 $ 871,897 26 103.21%
Tujunga  12 1417 $ 461 $ 590,299 17 105.34%
Sunland  22 2130 $ 333 $ 673,898 31 99.73%
Posted on April 10, 2017 at 7:44 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in February 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 12 3650 $ 610 $ 2,315,225 58 96.58%
Montrose 2 1030 $ 614 $ 629,000 44 100.56%
La Crescenta 16 1806 $ 492 $ 829,906 45 102.19%
Tujunga  15 1321 $ 432 $ 528,547 65 100.29%
Sunland  14 1918 $ 382 $ 652,925 71 99.22%
Posted on March 5, 2017 at 6:16 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in January 2017

 

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 12 3661 $ 624 $ 2,122,366 68 102.40%
Montrose 4 1107 $ 615 $ 656,750 44 102.02%
La Crescenta 18 1642 $ 556 $ 867,272 57 99.70%
Tujunga  13 1361 $ 413 $ 523,603 52 102.02%
Sunland  16 1697 $ 405 $ 625,050 71 100.69%
Posted on February 27, 2017 at 8:41 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area – SOLD in December 2016

Source:  iTech MLS

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 16 2594 $ 610 $ 1,926,650 59 100.32%
Montrose 2 1313 $ 567 $ 694,375 41 101.87%
La Crescenta 16 1674 $ 521 $ 830,237 45 101.03%
Tujunga  14 1255 $ 445 $ 540,329 48 100.77%
Sunland  18 2124 $ 366 $ 744,631 48 95.88%
Posted on January 4, 2017 at 10:20 pm
Jana Ace R Wunderlich | Category: Market Stats

Single Family Homes by Area SOLD in November 2016

   Location # Homes Average Average Average Avg. Days
SOLD Square Ft. Price/SF List Price On Market SP % LP
La Canada 26 3122 $ 603 $ 1,848212 71 98.28%
Montrose 2 1743 $ 468 $ 792,400 35 95.91%
La Crescenta 25 1961 $ 484 $ 868,768 57 99.60%
Tujunga  18 1885 $ 379 $ 662,844 49 99.47%
Sunland  23 1538 $ 401 $ 597,191 48 99.51%

Source:  iTech MLS

Posted on December 5, 2016 at 3:53 pm
Jana Ace R Wunderlich | Category: Market Stats