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Pasadena Market Stats

La Canada December 2015 Real Estate Sales 1

Pasadena December 2015 Real Estate Values

The 1.4 months inventory (reflected in the absorption rate) indicates an extremely favorable market for Pasadena home sellers. What's in store for real estate in 2016? “This year the housing market may only squeak out 1% to 3% growth in sale...

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La Canada December 2015 Real Estate Sales 1

Pasadena Real Estate Sales

Last month, November there were 56 Pasadena real estate sales.  Most Pasadena homes are selling quickly near (or over asking price). The absorption rate of 2.72% indicates a very strong seller's market - less than three months of inventory. ...

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La Canada December 2015 Real Estate Sales 1

Pasadena Luxury Real Estate Sales

Last month (October 2015) the most expensive Pasadena luxury real estate sale was 1466 San Pasqual St. MLS remarks read: Situated in the coveted Caltech neighborhood this grand Mediterranean is a perfect example of Pasadena's well respect...

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Pasadena Real Estate Market Statistics

Pasadena real estate statistics are completed.  Last month (October) the average price per square foot was $528 – beaten only by July’s $534. Chinese buyer’s continue to play a big role in Pasadena real estate. China’s growing i...

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La Canada December 2015 Real Estate Sales 1

Pasadena Luxury Real Estate Sales

Last month (October 2015) the most expensive Pasadena luxury real estate sale was 905 Hillcrest Place. This 5 bedroom, 6 bath residence is over 5,000 square feet on half an acre. This Pasadena luxury home was originally listed for $6...

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Glendale Real Estate Statistics 1

Pasadena Real Estate Sales

There were 88 Pasadena home sales last month (September 2015). Absorption rates continue to hover in the two month range. Housing in California — already considered un-affordable to many — will become even less affordable over the next t...

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Glendale Real Estate Statistics 1

Pasadena Luxury Home Sales

Last month (September 2015), the most expensive Pasadena luxury home sale was 1150 S. El Molino. This 6 bedroom, 7 bath Italian Revival home, constructed in 1911 was designed by Charles Driscoll  The home is over 6,000 square feet on over ½...

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Glendale Real Estate Statistics 1

Pasadena August 2015 Real Estate Values

Having just closed a sale to my Pasadena home buyers, I know how competitive the Pasadena real estate market is. In all but two months of this year, the average Pasadena home sold for over $1,000,000. Search all Pasadena listings here

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Glendale Real Estate Statistics 1

Pasadena luxury home sales in August 2015

Last month (August 2015) the most expensive Pasadena luxury home sale was 1660 Lombardy Road. This 7 bedroom 7 bath home is nearly 6,000 square feet, sited on one half acre. This 1920’s Italian Revival was designed by Lawrence C. Test. and ...

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Glendale Real Estate Statistics 1

Pasadena Home Sales, July 2015

The average Pasadena home is selling in less than two months; selling in multiple offers and over asking price. The low absorption rate indicates a very strong sellers’ market for Pasadena home sales. "Some armchair analysts have suggested...

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