La Canada Market Activity This Week

We have 86 active listings in La Canada. 3 are new to the market:

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4475 Indiana has been owned by the same family since 1947. Cute with a guest house and you can dine frequently at the Magpie, immediately north of the property. 5555 Burning Tree is in bankruptcy subject to court confirmation and overbid. Nice price, but messy process. 2000 Tondolea sold in March 2007 for $1,785,000. It sold before that in June 2003 for $1,150,000 which illustrates the tremendous run-up in values that took place in the easier more fun part of this decade.

No homes went into escrow this week. Not exactly joyous news, though not uncommon for this time of year. 1 home did close escrow this week:

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5814 Briartree sold before it went into the MLS for 100% of its asking price. Not a bad note to finish this weeks sales on...