The following graphs show the median listings sold for the 12 months to October 2008. These include Glendale and La Crescenta; La Canada; Sunland and Tujunga California. For your own personal updates with this plus more complete details click on the link for statistics in La Crescenta and Glendale or give me a call.
As you can see in the chart above home sales in La Crescenta have not held up as well in La Crescenta as compared with Glendale. Two reasons come to mind; there are relatively fewer homes on the market to choose from in La Crescenta than in Glendale and there are more condos & less expensive homes in some areas of Glendale.
Sales in La Canada have been particularly slow and, as you can see, have been trending down all summer.
Sunland & Tujunga, like portions of Glendale, have more relatively inexpensive homes and sales have been holding up well. This is also a result of many more foreclosures in Sunland and Tujunga.
For your own copy of this report just use the link or give me a call.