$2,600,000
2,213 SqFt
3 Beds
•3 Full Baths
Pushpalatha Nagaraj, Listing Office: COMPASS
Is La Canada Flintridge, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, La Canada Flintridge has remained a Seller's Market.
Key Takeaway
La Canada Flintridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Canada Flintridge, CA
How much do homes in La Canada Flintridge, CA cost?
Median Sold Price
$2,400,000
$968/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$150,000(+6.7%)
Key Takeaway
Homes in La Canada Flintridge have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in La Canada Flintridge was $2,400,000 in October 2024, up 6.7% from last year, and the median price per square foot was $968.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $2.2M | N/A |
| 2 Bedrooms | $1.2M | $1.3M | +5.6% |
| 3 Bedrooms | $1.8M | $1.9M | +1.3% |
| 4 Bedrooms | $2.4M | $2.8M | +15.9% |
| 5+ Bedrooms | $3.6M | $3.8M | +6.6% |
Summary: La Canada Flintridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Pasadena | $1.1M | $1.2M | +9.3% |
| La Crescenta | $1.2M | $1.3M | +8.3% |
| Altadena | $1.3M | $1.4M | +7.7% |
| La Canada Flintridge | $2.2M | $2.4M | +6.7% |
| Glendale | $1.1M | $1.1M | +2.0% |
Housing Supply in La Canada Flintridge, CA
How many homes are available in La Canada Flintridge, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 54 | -8.5% |
Summary: The La Canada Flintridge real estate market had 54 homes for sale in October 2024, a 8.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 25 | 21 | -16.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The La Canada Flintridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 18 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Canada Flintridge, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in La Canada Flintridge in October 2024, up by 20.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for La Canada Flintridge, CA
How long does it take to sell a home in La Canada Flintridge, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -13.9% |
Summary: Homes in La Canada Flintridge had an average of 14 days on market in Oct 2024, down by 13.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Canada Flintridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in La Canada Flintridge; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.