At the peak of the recession in 2010, when home foreclosures were the norm and the housing market in general was in the tank almost everywhere, new homes continued to be built and sold in Arcadia and property values rose more than any other city in Los Angeles County: Plus 4.4 percent.
The majority of new homes built in Arcadia range in size from 3,000 to 6,000 square feet and some are built in excess of 10,000 square feet. The strong resale value of these luxury homes and increased demand for new construction are the main factors that led to this city’s growth.
Another reason for high property values: one of the state’s top public school systems.
Residents of Arcadia also enjoy the finest health in the region that begins with Methodist Hospital which recently added a new five-story wing with state-of-the-art technology and amenities (including a view of the golf course out the windows of many hotel-like private rooms).
Seniors also get special treatment in Arcadia, with numerous top-notch retirement centers and living facilities that complement the city’s focus on seniors. The spacious and comforting Community Center is primarily the domain of senior activities and socializing among anyone 50-plus years of age. A full slate of day trips and other outings are also offered at nominal fees, as are some meals, classes and workshops, many even offered for free.