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The Arcadia housing market is moderately competitive. On average, homes in Arcadia receive 9 offers and sell within approximately 37 days. Last month, the median sale price of a home in Arcadia reached $1.7 million, reflecting a 9.9% increase from the previous year. However, the median price per square foot is $686, marking a 1.4% decline compared to last year.
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Median Sale Price per Sq. Ft.
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For any further questions, feel free to contact Gordon. He can provide detailed information on these topics or schedule a property showing to help you find a condo that meets your needs in Arcadia, CA.
Construction quality is essential for condo living, especially for privacy and soundproofing. Buyers should inquire about the building's materials and sound insulation levels, as many condos may not have robust soundproofing between units. Top-floor units are often preferred to minimize potential noise from neighbors above. Also, understanding any flooring restrictions (such as hardwood vs. soft flooring) set by the HOA is critical since some complexes may mandate soft flooring to reduce noise. For specific construction details on a property of interest, feel free to reach out to Gordon.
The Homeowners’ Association (HOA) plays a major role in the upkeep and rules of the condo community. Prospective buyers should review the HOA’s financials, meeting notes, and any recent history of fee increases. It’s essential to understand what the HOA covers—such as utilities, parking, or facility upkeep—and whether fees have risen over time, which could signal potential financial strains within the community. Well-run HOAs often have an onsite management team or a dedicated, local management company rather than a remote one. Contact Gordon for more insights on the specific HOA details of a property in Arcadia.
Parking can vary widely, so understanding the condo’s parking policy is essential. Buyers should ask about the number of assigned spots per unit, whether these spots are deeded (owned by the unit owner) or assigned (owned by the HOA and subject to change). Also, inquire about guest parking availability, security, and overnight guest policies, especially if located in a high-density area. For any condo inquiries related to parking availability and policies in Arcadia, Gordon can provide the details.
Reviewing common areas and facilities like pools, gyms, and laundry rooms provides insights into the building’s upkeep and the HOA’s quality of management. Walk through the property and check for visible signs of neglect, such as landscaping or maintenance issues. Additionally, verify where packages are left for residents—whether in a secure area or outside, which may be a consideration for safety. To arrange a property tour and see these facilities firsthand, reach out to Gordon.
Before committing, review HOA documents to check if there are any upcoming projects that may lead to special assessments (extra fees). Additionally, ask if there are any current or pending lawsuits involving the HOA, as these can lead to increased fees or impact financing. Knowing the history of HOA fee increases can also give a clearer picture of financial expectations. Gordon can provide more in-depth information on the financial outlook and potential assessments for specific condos in Arcadia.
Whether you’re curious about specific properties, have questions about the local HOA policies, or want an in-depth look at Arcadia’s condo market, Gordon is here to help. With local expertise and a commitment to guiding you through every detail, Gordon can answer your questions and set up showings tailored to your needs. Reach out now to start your journey toward finding the ideal condo in Arcadia!
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