La Crescenta Real Estate: Q1 2024 vs. Q1 2025 Market Shift. If you’re watching the La Crescenta real estate market, you’ve probably felt the changes—even before seeing the numbers. Here’s a side-by-side look at how Q1 of 2025 compares to Q1 of 2024 in La Crescenta 91214 for single-family homes. Whether you’re planning to sell, buy, or just stay informed, these insights will help you better understand where the market’s been and where it may be headed next.
Inventory on the Rise
- Q1 2024 Total Active Listings: 67
- Q1 2025 Total Active Listings: 73
We saw a slight bump in available homes—most noticeably in March 2025. This means more options for buyers, but it also signals that sellers are starting to test the market again, possibly drawn in by rising home values.
Sales Volume Declined
- Q1 2024 Closed Sales: 64
- Q1 2025 Closed Sales: 52
Despite more homes being listed, sales volume dropped nearly 20% year over year. This could be a sign of buyers becoming more cautious—likely due to higher prices and tight affordability.
Prices Shot Up
- Q1 2024 Median Sale Price: $1,221,667
- Q1 2025 Median Sale Price: $1,435,833
That’s an increase of $214,000 in just one year. The demand is still there—but it’s more competitive at the top of the market. Many buyers are paying a premium for move-in-ready and well-located homes.
Days on Market Holding Steady
- Q1 2024 Avg. Days on Market: 31
- Q1 2025 Avg. Days on Market: 31.7
Even with price increases, homes aren’t sitting. The difference is negligible—homes are still moving quickly when priced and presented well.
Sellers Are Still in Control
- Q1 2024 Median % of Original Price Received: 102.5%
- Q1 2025 Median % of Original Price Received: 104.2%
This shows multiple offers and over-asking sales are still common—especially for homes that are priced right and show well from day one.
Looking Ahead in La Crescenta: What to Expect for the Rest of 2025
As we progress through 2025, La Crescenta’s real estate market continues to exhibit dynamic shifts influenced by broader economic factors and local developments.
Continued Price Appreciation:
Recent data indicates that the median home price in La Crescenta reached approximately $1.43 million in March 2025, marking a 13% increase from the previous year and a 5% rise from the prior month. This upward trajectory suggests sustained demand, particularly for well-maintained, move-in-ready properties.
Inventory Dynamics:
While there has been a modest increase in active listings, inventory remains tight. In March 2025, there were 53 active listings in La Crescenta, with 10 new listings added that month. This limited supply continues to drive competitive bidding, especially for homes priced appropriately and in desirable locations.
Market Competitiveness:
Homes in La Crescenta are selling faster, with the average days on market decreasing to 27 days in March 2025 from 42 days the previous year. This acceleration indicates a robust buyer interest and a market that favors sellers who are prepared and strategic.
Interest Rate Considerations:
Mortgage rates have seen fluctuations, with the average 30-year fixed rate hovering between 6% and 7%. While these rates are higher than the historic lows of previous years, they remain relatively favorable, sustaining buyer activity.
Impact of Regional Events:
Recent wildfires in neighboring areas have influenced buyer behavior, with some displaced individuals seeking homes in La Crescenta. This influx has added pressure to the already competitive market, potentially leading to further price increases and reduced inventory.
Forecast for the Remainder of 2025:
- Sustained Demand: The appeal of La Crescenta’s community, schools, and amenities will continue to attract buyers.
- Gradual Price Growth: While rapid appreciation may temper, prices are expected to maintain a steady upward trend.
- Competitive Market Conditions: Limited inventory and strong demand will likely result in continued multiple-offer scenarios.
- Opportunities for Prepared Buyers and Sellers: Those who are well-informed and ready to act will find success in this market.
Advice for Sellers If you’re considering selling in 2025, now is the time to prepare. With rising prices and competitive demand, you’ll want to:
- Price based on current comps—not future hopes
- Invest in light updates or staging to boost your edge
- Have a marketing plan that makes your home stand out
Advice for Buyers Don’t be discouraged. Yes, prices are higher—but:
- More homes are coming online
- Interest rate dips could improve your buying power
- Be ready with your financing and work with an agent who knows how to negotiate in fast-paced markets
Why My Experience Matters With over 35 years in real estate, I’ve helped clients through high rates, low rates, crashes, booms, and everything in between. I tailor each strategy based on real data and your specific goals—whether you’re selling an inherited home, moving for lifestyle reasons, or downsizing after decades in one place.
From preparation to pricing, negotiation to closing—I walk with you every step, making sure no detail is missed and your equity is protected.
Let’s Connect Want to know where your home stands in this evolving market? Let’s talk strategy—early planning is always the winning move.
📞 Robbyn Battles | The House Agent
📍 Serving La Crescenta and the Foothills
💬 Call/Text: 818-388-1631
📧 [email protected]