La Crescenta Real Estate Sales Statistics
It’s time for La Crescenta Real Estate Sales Statistics and this year has been quite interesting! In response to the requests of our clients, we have changed our posting format so that each of the most popular areas has their own individual post for new statistics. This will cut down on the length of the posts, as well as make the information easier for you to find. Let us know how you like the new format by email, or comments on the posts.
As we have stated before, real estate sales and market statistics have a profound affect on the value of your home. Analyzing them is not always fun, but it is an important task when buying or selling a home. Essentially what it boils down to, whether you are buying a home or selling one, is that the market determines the value of a home. To be more specific, a home is worth only what a potential buyer (the market) is willing to pay for it; regardless of how much you paid for it last year, how much work you’ve put into it, or how much you owe on it. This is something that many would-be sellers and buyers struggle to grasp.
This article discusses real estate market statistics in La Crescenta. If you need statistics in cities or neighborhoods other than La Crescenta, please let us know and we will be happy to provide them for you. You are welcome to contact Team Green by calling 818.588.6476, by email, or by completing our contact form found here.
The statistics below are pulled directly from our local Multiple Listing Service (MLS), which is the best and most accurate source for this type of data. While there are multiple media outlets using national numbers, remember that real estate sales trends are very much a local phenomenon. Reporting for the nation, a state and even a small region has its place, however, the most important numbers are those from your very own neighborhood. Local statistics are also the most relevant for a potential buyer or seller. These numbers represent all residential property types (single family homes, condos, co-ops, townhouses, manufactured, etc.). We have also included our thoughts on the statistics, which we hope you will find useful. As always, if you have any questions or comments, please let us know. We’d love to hear from you.
| Month | Sales, Number of | Sale Price, Median | Days to Sell, Median | New Listings, Number of |
| Sep-10 | 26 | $537,500 | 80 | 31 |
| Oct-10 | 36 | $590,000 | 88 | 32 |
| Nov-10 | 28 | $605,000 | 60 | 25 |
| Dec-10 | 45 | $549,000 | 91 | 8 |
| Jan-11 | 31 | $556,000 | 79 | 24 |
| Feb-11 | 24 | $462,500 | 109 | 32 |
| Mar-11 | 27 | $560,000 | 91 | 33 |
| Apr-11 | 35 | $522,500 | 68 | 28 |
| May-11 | 24 | $630,000 | 57 | 34 |
| Jun-11 | 33 | $572,950 | 86 | 38 |
| Jul-11 | 27 | $607,500 | 83 | 30 |
| Aug-11 | 24 | $633,000 | 70 | 20 |
| Sep-11 | 34 | $505,000 | 79 | 27 |
| AVG | 30 | $563,919 | 80 | 28 |
| Yearly Median | 28 | $560,000 | 80 | 30 |
The number of new sales in La Crescenta rose in September to 34, up ten from August’s 24, while the median sales price dropped from $633,000 in August to $505,000 in September. Properties stayed on the market slightly longer at a median of 79 days in September, up from August’s 70. 27 new properties entered the market, up slightly from August’s 20. So in short, there are more properties available, taking longer to sell and at a lower median cost than last month. We call that a buyer’s market in this business.
For our buyers: your pre-approval is critical. There are very few sellers in today’s market that will consider an offer from you if you do not have a pre-approval letter from a known lender. It’s no longer enough to have a simple pre-qualification letter stating that a lender will lend you money to buy a home. Sellers today instead want the pre-approval letter, which requires the lender to actually run you through their desktop underwriting software and check out your qualifications more thoroughly. It’s a great idea to have that in hand for other reasons as well, and should be the first step you take in your dream home journey. Your second step should be to contact Team Green. We offer complimentary search services through automated software fed directly from our local Multiple Listing Service (MLS). This means that you have access to, and can search all homes for sale just like an agent!
For our sellers: Last month we saw what could have been the infantile stages of a seller’s market. We know from September’s numbers that’s not the case. It takes an experienced team like ours to get your home priced well and positioned to sell quickly and for as much money as possible. Give us a call today at 818.588.6476 if you are contemplating selling your home. We will be happy to set up a no-obligation meeting to give you an estimate of your home’s current market value.
To see all homes for sale in La Crescenta, click here.
Glendale Real Estate Sales Statistics
It’s time for Glendale Real Estate Sales Statistics and this year has been quite interesting! In response to the requests of our clients, we have changed our posting format so that each of the most popular areas has their own individual post for new statistics. This will cut down on the length of the posts, as well as make the information easier for you to find. Let us know how you like the new format by email, or comments on the posts.
As we have stated before, real estate sales and market statistics have a profound affect on the value of your home. Analyzing them is not always fun, but it is an important task when buying or selling a home. Essentially what it boils down to, whether you are buying a home or selling one, is that the market determines the value of a home. To be more specific, a home is worth only what a potential buyer (the market) is willing to pay for it; regardless of how much you paid for it last year, how much work you’ve put into it, or how much you owe on it. This is something that many would-be sellers and buyers struggle to grasp.
This article discusses real estate market statistics in Glendale. If you need statistics in cities or neighborhoods other than Glendale, please let us know and we will be happy to provide them for you. You are welcome to contact Team Green by calling 818.588.6476, by email, or by completing our contact form found here.
The statistics below are pulled directly from our local Multiple Listing Service (MLS), which is the best and most accurate source for this type of data. While there are multiple media outlets using national numbers, remember that real estate sales trends are very much a local phenomenon. Reporting for the nation, a state and even a small region has its place, however, the most important numbers are those from your very own neighborhood. Local statistics are also the most relevant for a potential buyer or seller. These numbers represent all residential property types (single family homes, condos, co-ops, townhouses, manufactured, etc.). We have also included our thoughts on the statistics, which we hope you will find useful. As always, if you have any questions or comments, please let us know. We’d love to hear from you.
| Month | Sales, Number of | Sale Price, Median | Days to Sell, Median | New Listings, Number of |
| Sep-10 | 163 | $475,000 | 71 | 160 |
| Oct-10 | 138 | $512,750 | 73 | 148 |
| Nov-10 | 158 | $410,000 | 72 | 138 |
| Dec-10 | 213 | $475,000 | 75 | 102 |
| Jan-11 | 117 | $383,000 | 88 | 150 |
| Feb-11 | 123 | $475,000 | 85 | 159 |
| Mar-11 | 167 | $382,000 | 63 | 176 |
| Apr-11 | 142 | $405,000 | 65 | 159 |
| May-11 | 169 | $420,000 | 76 | 187 |
| Jun-11 | 193 | $485,000 | 75 | 186 |
| Jul-11 | 165 | $429,500 | 66 | 189 |
| Aug-11 | 155 | $410,000 | 55 | 146 |
| Sep-11 | 145 | $505,000 | 65 | 146 |
| AVG | 158 | $443,635 | 71 | 157 |
| Yearly Median | 158 | $429,500 | 72 | 159 |
The number of new sales in Glendale dropped off slightly this month at 145, down ten from the previous month. The median sales price took a big jump from August’s $410,000 to $505,000. Wow! That’s the second highest month of median home prices of the year. The median days on market was 65, up slightly from 55 in August, while the number of new listings is precisely the same at 146. Glendale remains a fairly stable market and has done pretty well this year. Properties that are priced well move very quickly and it’s a relatively equal market for both buyers and sellers. As in nearly all markets, pricing is really the key to a quick sale. If you’re considering selling your home, please contact us for a no-obligation and no cost consultation on your home’s current market value.
To see all homes for sale in Glendale, click here.
Chevy Chase Canyon Real Estate Statistics for September 2011
It’s time for Chevy Chase Canyon Real Estate Sales Statistics and this year has been quite interesting! In response to the requests of our clients, we have changed our posting format so that each of the most popular areas has their own individual post for new statistics. This will cut down on the length of the posts, as well as make the information easier for you to find. Let us know how you like the new format by email, or comments on the posts.
As we have stated before, real estate sales and market statistics have a profound affect on the value of your home. Analyzing them is not always fun, but it is an important task when buying or selling a home. Essentially what it boils down to, whether you are buying a home or selling one, is that the market determines the value of a home. To be more specific, a home is worth only what a potential buyer (the market) is willing to pay for it; regardless of how much you paid for it last year, how much work you’ve put into it, or how much you owe on it. This is something that many would-be sellers and buyers struggle to grasp.
This article discusses real estate market statistics in Chevy Chase Canyon. We define Chevy Chase Canyon as those areas bordered by the 2, 210 and 134 freeways and include portions of Glendale, La Canada, and Pasadena. If you need statistics in cities or neighborhoods other than Chevy Chase Canyon, please let us know and we will be happy to provide them for you. You are welcome to contact Team Green by calling 818.588.6476, by email, or by completing our contact form found here.
The statistics below are pulled directly from our local Multiple Listing Service (MLS), which is the best and most accurate source for this type of data. While there are multiple media outlets using national numbers, remember that real estate sales trends are very much a local phenomenon. Reporting for the nation, a state and even a small region has its place, however, the most important numbers are those from your very own neighborhood. Local statistics are also the most relevant for a potential buyer or seller. These numbers represent all residential property types (single family homes, condos, co-ops, townhouses, manufactured, etc.). We have also included our thoughts on the statistics, which we hope you will find useful. As always, if you have any questions or comments, please let us know. We’d love to hear from you.
| Month | Sales, Number of | Sale Price, Median | Days to Sell, Median | New Listings, Number of |
| Sep-10 | 41 | $685,000 | 78 | 53 |
| Oct-10 | 35 | $825,000 | 105 | 34 |
| Nov-10 | 34 | $862,000 | 91 | 29 |
| Dec-10 | 61 | $810,000 | 93 | 19 |
| Jan-11 | 32 | $619,500 | 96 | 40 |
| Feb-11 | 20 | $862,500 | 94 | 32 |
| Mar-11 | 49 | $830,000 | 61 | 48 |
| Apr-11 | 26 | $710,000 | 72 | 35 |
| May-11 | 38 | $735,000 | 77 | 42 |
| Jun-11 | 51 | $664,500 | 78 | 53 |
| Jul-11 | 38 | $725,000 | 58 | 37 |
| Aug-11 | 34 | $797,500 | 75 | 38 |
| Sep-11 | 39 | $730,000 | 92 | 43 |
| Average | 38 | $758,154 | 82 | 39 |
| Yearly Median | 38 | $735,000 | 78 | 38 |
Chevy Chase Canyon is important to us, as it’s our home turf (literally). It’s one of the most sought after areas of Glendale. Since it incorporates many subareas, its price range and market vary greatly.
Last month we called for a continued slight boost in prices based on the previous three month increases and relatively flat number of new listings. As you can see from the numbers above, home prices in Chevy Chase Canyon actually dipped slightly to a median of $730,000. Activity slowed somewhat as homes stayed on the market a little longer at a median 92 days on market. This was up from August’s 75 days on market. More new homes entered the market in August at 43, compared to the previous month’s 38. It’s hard to say what will happen for October, but we’re guessing that we’ll see a dip in the number of sales and little change in the median sale price. We are still calling it a buyer’s market in the Canyon. Competition is always tough in this area based on its desirability. If you are looking to buy a home in Chevy Chase Canyon, your timing is great. For our sellers, you’ll really need to turn on your homes’ charm and make it stand out. Our custom marketing plans are the perfect solution to getting your home sold.
To see all homes for sale in Chevy Chase Canyon, click here.
March Real Estate Sales Statistics
The March 2011 real estate sales statistics are in for our local area. These numbers are pulled directly from our local Multiple Listing Service (MLS), which is the best and most accurate source for this type of data. While there are multiple media outlets using national numbers, remember that real estate sales trends are very much a local phenomenon. Reporting for the nation, a state and even a small region has its place, however, the most important numbers are those from your very own neighborhood. Local stats are the most relevant for a buyer or seller. The charts below are the actual statistics from our local MLS. We have also included our thoughts on the statistics, which we hope you will find useful.
Wow! What a month we had in Burbank. Burbank had their highest number of total sales since September of 2008. Properties have been flying off the shelves, particularly those below the $400,000 price range. I am also happy to announce that our office (Keller Williams) led this charge with nearly twice as much volume as the second place finisher. Keller Williams finished up March with $1,120,000 in total sales volume for the month, while the nearest competition’s volume was $650,000. Almost 1 out of every 3 homes sold in Burbank in the month of March was sold by our Keller Williams team. If you want to buy or sell real estate in Burbank, you’re on the right track by visiting this website. Putting this success and experience to work for you is only a phone call or email to our team away. The total number of new listings in Burbank was at a 5 month high. This is proof that the market continues to improve.
Chevy Chase Canyon had another solid month. The key to being successful as a seller in this and many other markets is pricing. As a seller, you will net more money by pricing your home correctly the moment it goes on the market. Listing it high and hoping for an offer, not receiving one and having to drop the price will ultimately lose you money. As a buyer in this area, there are plenty of properties to choose from and some great deals out there.
Glendale had a record month in total sales for the month of March as well. Total sales in Glendale haven’t been this high since March of 2007! The median sales price in Glendale was the 5th highest it has been in the last 12 months. This is another indicator that properties are moving, which is a great sign. A 3 month new listing high in Glendale also tells us that this trend will likely continue. Navigating the Glendale market will take an experienced agent to help you get the highest price possible when selling your home, and the best deal possible when purchasing.
La Canada Flintridge has seen fairly stable sales over the last twelve months and March was no exception. New buyers continue to come to La Canada Flintridge for their great schools and fantastic properties. There are some truly outstanding buys in La Canada Flintridge, particularly in the luxury market. The key to the La Canada Flintridge market for both buyers and sellers is research and studying comparable sales, as well as having an agent assisting you who is actively representing your best interest.
La Crescenta is always a popular market. The city had their highest total number of sales since November of 2010. My favorite statistic for La Crescenta was the median days to sell, which was at a 10 month low. Homes are selling quickly in La Crescenta. If you are buying or selling in this area, it’s important to do your research up front and when you’re ready to pull the trigger, be prepared for things to move quickly. It’s easy to sell too low or overpay in La Crescenta if you haven’t done your homework and have a great agent in your corner. If you are interested in buying or selling real estate in La Crescenta, we’re here to help.
Pasadena has been remarkably stable over the last 12 months. The month of March had the most sales in the last 12 months and the shortest days on market in the last 9 months. Both facts are indicators that things are picking up in almost every corner of our local market.
Burbank – Number of Sales and Median Sales Price
Burbank – Median Days to Sell and Number of New Listings

Chevy Chase Canyon - Number of Sales and Median Sales Price

Chevy Chase Canyon - Median Days to Sell and Number of New Listings

Glendale - Number of Sales and Median Sales Price

Glendale - Median Days to Sell and Number of New Listings

La Canada Flintridge - Number of Sales and Median Sales Price

La Canada Flintridge - Median Days to Sell and Number of New Listings

La Crescenta - Number of Sales and Median Sales Price

La Crescenta - Median Days to Sell and Number of New Listings
Pasadena - Number of Sales and Median Sales Price

Pasadena - Median Days to Sell and Number of New Listings

Weighing an Offer: 3 Seller Tips
The article below offers up some very good advice that we, as agents, suggest to our clients when dealing with an offer on the sale of their home. Most times, its a little hard to hear and is a very hard decision for the sellers to make since their emotional attachment is quite high (as it should be). Sometimes if you see it in writing its easier to accept as a truth, rather than hearing it. Hopefully it will help offer some guidance for tackling today’s market.
~ * ~
Sellers can feel pressure when trying to decide whether to accept a buyer offer on their home. While real estate professionals can advise clients on whether to accept an offer, the final decision is up to the seller–and it can be an agonizing one.
In the current buyer’s market, buyers aren’t shy about making lowball offers to sellers either. So when should you accept or decline an offer?
Realty Times recently offered the following questions for sellers to consider.
1. Is the buyer pre-qualified/approved? You may not want to risk a deal falling through because the buyer wasn’t pre-qualified for a loan.
2. Do you need to move quickly? If you need to move quickly–due to a job relocation or to avoid foreclosure–you may need to accept an offer that is less than what you want.
3. Can you accept a loss? Be sure to take closing costs into consideration too as you weigh whether you can even afford to agree to the buyer’s offer.
Realty Times also suggests sellers take into account how long their home has been on the market and the number of showings. Such considerations also can help sellers determine whether getting a better offer soon is realistic and would be worth the wait.
Source: “Should I Accept This Offer?” Realty Times (March 15, 2011)
If you or someone you know is looking to sell their home, call Team Green (818.588.6476). We will take excellent care of them!
Don't Ya Just Love It When … Showing Homes to Buyers
You set the date, find the properties that your buyers marked as homes they want to see in Listingbook, pick a few more for good measure and start the process of making calls to set appointments. Some homes will need appointments, some will be vacant and on lockbox. A good real estate agent knows that even though they’re vacant and marked as “Active” in the MLS, you still need to call and make sure its “really” available.
Showing property to clients can sometimes be challenging. Luckily, I work as a real estate team with my husband. Even with all our planning, we still have hiccups every now and again. Most agents are on top of the status of their listings in the MLS, some are not.
Recently while showing homes to our buyers, we were in the middle of a showing on an “Active” listing in the MLS, vacant with a lockbox when the new owners walk in. Not technically the new owners yet, since their offer had only been accepted on Wednesday. We called on Thursday to check the status and to let them know we were going to show their listing on Saturday (no answer, left the agent a message with our plans and contact number). Saturday rolled around and no return phone call indicating it had an accepted offer on it.
Turns out the new owners were there to do their home inspection and meet with their contractor to go over quotes for some renovations they had planned. We congratulated them on their new home and showed ourselves out.
We apologized profusely to our buyers and, thankfully, they were understanding and weren’t too interested in the property anyway after seeing it firsthand. If we’d known the property was in escrow, we would have shown a different home. Its the little things that add up and can make or break a deal or make a bad impression. We try and prepare our buyers for some of the pitfalls of viewing homes before we start our buyers tour. You never can tell what you will run into in some homes. My favorites are the REO and short sale properties who haven’t been getting the proper love. Thankfully, our job as agents is to bring buyers to those types of properties so they can see the true potential, buy it and breathe a little life into them.
The proper status in the MLS is imperative for making all real estate agents look like true professionals who are all working as a collective team to get the job done professionally and efficiently.
Team Green is here to get the job done and help buyers and sellers who are looking to get to the next step in their real estate life.
Real Estate Sale Statistics
We’re happy to announce that, after reviewing our most recent data, things in the real estate market are definitely improving in nearly all of our immediate areas. Check out the details below. These stats came from our local MLS database and include Chevy Chase Canyon, Glendale, La Canada Flintridge, La Crescenta, and Burbank.
The long and short of it is, in almost all areas, more homes are selling, selling faster, and the median sales price is UP! What more could you ask for?
Real Estate Teams – Its a Two-fer! Everyone loves a good deal~
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My husband and I got into real estate so we can work together every day, learn from each other and be that shining light of positivity that in most jobs is hard to find. Negativity is around you and after time takes over if you let it. Lucky for us, we balance each other out when we have a not so good day real estate related or otherwise.
We were lucky enough to see Stefan Swanepoel speak at our annual migration to the Keller Williams Family Reunion 2011 and found out that my husband, Stephen, is a crocodile as most Realtors are and I am a cheetah. Together we work well together and instinctually work off each other in every real estate related situation. We are each others yin and yang.
Clients get the best of both worlds with a real estate team like us and all of the other husband and wife and/or partner real estate teams in the business. Who knew real estate could have such a positive effect and bring out all the natural abilities in each member of the team.
We always mention to clients that hiring us is like getting a twofer – two top real estate agents for the price of one since we share our commissions (and not just because we live in California and its a community state). There is no “I” in team and our clients benefit from our positive go-getter attitude working toward a smooth transaction for the good of our clients and our team as a whole – us, our Market Center and the rest of the Keller Williams Family.
Collette Green
Realtor ~ 90% of our business comes from friends telling friends
Team Green | Keller Williams Realty
Ph: 818.LVTMGRN (818.588.6476)
Fax: 818.450.0220
cgreen@teamgreenrealty.com
www.teamgreenrealty.com
DRE License No. 01829570












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