Last month the highest priced Pasadena home sold in March 2019 was 620 S. Hill Ave. Pasadena It sold in 39 days for the asking price of $4,500,000. The current sellers bought this home in 1992 for $920,000 .
MLS Remarks Read: Located on a flat lot in a prestigious neighborhood very near Caltech, this impressive single level estate is rich in architectural detail & character. This magnificent property has an exceptional floor plan which offers grand-scale rooms including a formal living room with French doors leading out to the patio area, a formal dining room, and a library or study with fireplace. There is also a family room with open beamed ceilings, wet bar and a fireplace. Gourmet kitchen with custom cabinets and built-in refrigerator. Outside there is a wonderful relaxing brick patio area leading to the beautiful pool area and private backyard. There is a 3 car garage with automatic barn doors and a pool house. Don’t miss this stately property.
“During the first two months of the year, home-price growth continued to decelerate. This is the opposite of what we saw the last two years when price growth accelerated early. With the Federal Reserve’s announcement to keep short-term interest rates where they are for the rest of the year, we expect mortgage rates to remain low and be a boost for the spring buying season. A strong buying season could lead to a pickup in home-price growth later this year.” – Frank Nothaft
Chief Economist for CoreLogic
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