Back in February we profiled a series of empty McMansions in Arcadia. Most of them were brand new, big and overpriced. After a total of 217 days on the market, the following McMansion on 8th Street finally sold. Original listing price: $2,980,000 ($398/sf) Final sales price on 6/12/08: $2,600,000 ($347/sf) The 13% price reduction might … Continue reading **Update** Empty McMansion #2 – SOLD! →
Zip Codes: 91006, 91007 Current Market Listings as of March 7, 2008 Properties for Sale: 200 (-63)* Median Listing Price: $758,000 (-2.7%)* Median Sales Price for Homes in Arcadia Weekly Foreclosure Update Properties in Foreclosure: 14 (+0)* Properties in Pre-Foreclosure:64 (+3)* *+/- is compared to previous week’s data. Interestingly enough, 63 Arcadia homes came off … Continue reading Inventory and Market Report – 3/7/08 →
Tracking the Arcadia and San Gabriel Valley Housing Market