Market Conditions in Arcadia>Question Details

Diane H, Home Owner in Arcadia, CA

Why is the home market in Arcadia so competitive?

Asked by Diane H, Arcadia, CA Sat Sep 8, 2012

I've heard that it's because of the schools?

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4
William Tong’s answer
BEST ANSWER
Here's what I think of Arcadia:

"Arcadia is one of the most coveted areas in all of Southern California. Located in the lush San Gabriel Valley, homes are often quickly sold and professional agents (like us) who list correctly get multiple offers as soon as houses are listed.

Arcadia is one of the few areas in the nation where home prices recovered extremely quickly and are currently on the rise. Arcadia has one of the best school districts in the nation, highly lauded and winner of multiple educational awards. Many families buy houses here while their children go to school and then sell when they go off to college.

The city is extremely clean, safe, and well maintained. There are plenty of trees and the streets are large.

Arcadia is also extremely close to the San Gabriel Mountains which makes it perfect for bird watchers, hikers, campers, backpackers, etc. It's also close to the 210 freeway so you can go skiing, snowboarding, fishing, surfing, or anything else in just an hour or two from home. There are also lots of amazing restaurants in the area. All of the big name grocery stores (along with Whole Foods, Trader Joes, and Sprouts) are all within a 15 minute drive.

Arcadia is also home to the Arcadia Arboretum, Santa Anita Mall, Santa Anita Race Track, and is close to The Huntington Library.

Your current / future city is perfect for families, single homeowners, couples, and retirees. The perfect place to settle down and have your dream home, or live here for a few years while you start your future."

It's for all of these reasons that the market is so "competitive". For people just looking for a wonderful home, without the school element, they can find equally amazing houses for a lot less!
1 vote Thank Flag Link Sat Sep 8, 2012
Hi,

Great Schools, LOW Crime Rate, City Planning with Quality Community, Shopping, Fine Dining, Entertainment, Recreation, Services, proximity to many Parks, Golf Courses, Race Track, Museums, and attractions ALL account for why ARCADIA is the top city to settle for any family seeking premium quality living standard!

Visit this link for more details: http://hanliu.smart-sites.org/pages/arcadia-community-602127
0 votes Thank Flag Link Sat Sep 8, 2012
Hi clarkkerro4o5,
What you heard is correct...the reason why the home market is Arcadia is competitive is because of the wonderful schools.

My office is located at 130 East Huntington Drive in Arcadia. Please give me a call at 626-355-4155 or 626-833-7043 to set up an appointment to discuss you needs and wants for your new home.

Have a great weekend,
Mary

Mary V. Prout, CRS, GRI, e-PRO
Broker Associate/Certified Negotiator
CA DRE License #878251
GLOBAL REALTY
CA DRE License #1044799
626-355-4155 home office
626-355-2125 home fax
626-833-7043 cell phone
0 votes Thank Flag Link Sat Sep 8, 2012
When markets are competitive its because of supply and demand.
0 votes Thank Flag Link Sat Sep 8, 2012
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