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Phyllis Harb's Real Estate Blog

Real Estate Questions & Answers

By Phyllis Harb | Agent in La Canada, CA

Whats Happening to the high end in La Canada?

We know the high end market has come to a screeching halt because at some of these homes the for sale signs are almost a permanent fixture.  The number of  $3,000,000+ La Canada homes sold dropped 58% form 2006 – 2008.  Days on market more than doubled, yet 2008/2006 average selling price and price per sq ft figures remain very similar.

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