Lou Serrano Realty

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La Verne Market Update

La Verne is situated on the eastern edge of Los Angeles County with a population of over 33,000. It is a "close-knit" community which has been able to retain its "small town" traditions and virtues.

As of September 8th, the average home price in La Verne is on the decline at $827,472 down from $920,072, however the average price per square foot is on the rise at $463. There are 50 homes for sale currently on the market, and the average days on market is 33 days.

Inventory has been increasing which accounts for the declining home prices and longer days on market. The good news is that the average price per square foot is on the rise.

If you’d like a property/market report for your neighborhood, please reach out to me. I’m always happy to help.

(Lou Serrano is a REALTOR® residing in San Dimas, CA with specialized knowledge of the San Dimas, Glendora, and La Verne marketplace. If you’re looking to buy or sell, feel free to reach out for a free, no-obligation consultation.)