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Pasadena Market Stats

Pasadena November 2014 Real Estate Values

Pasadena November 2014 Real Estate Values

25% of Pasadena real estate sales closed with cash. Most Pasadena homes continue to sell for over asking price. Last year (November 2013) the average Pasadena home sold for $437 per square foot versus this year (November 2014) $517.  The aver...

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Pasadena Luxury Real Estate Sales 3

Pasadena Luxury Real Estate Sales

Last month (November 2014), there were three luxury real estate sales in Pasadena .  Two of the three sales sold over asking price and one sold for cash. 850 El Campo (San Marino school district) 5 + 7, 7274 sq. ft., 29,422 lot, built in 1992...

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Pasadena Real Estate Values 3

Pasadena Real Estate Values

       There were 62 Pasadena home sales last month; more than ¼ sold to cash buyers.  The absorption rate has steadily increased the last four months and is the highest for the year.  While still a strong seller’s market, the marke...

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Pasadena Real Estate Values, September 2014

82 Pasadena homes closed in September.  Days on market (DOM) increased – taking a bit longer to sell.  30% of Pasadena home sales closed with cash.  Short sales and foreclosures while slightly increased continue to have little impact on ...

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Pasadena August 2014 Luxury Real Estate 4

Pasadena August 2014 Luxury Real Estate

There have been 24 luxury home sales in Pasadena which sold this year (through 8/31) for $3,000,000.  Last month August, there were four (one purchased with cash):   3618 San Pasqual, Pasadena 91107 Sold $3,120,000; 97.87% selling pri...

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Pasadena Real Estate Values 1

Pasadena Real Estate Values

Now that summer is over, the market is slowing…. fewer closings, days on market increasing a bit. Although the percentage of selling price to list is a strong 99.72% it’s the lowest of the year.  Fewer homes are selling for over as...

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Pasadena Real Estate Prices

“Home prices in the Los Angeles market rose 10.5 percent in the 12 months ending June. The home price index in the Southern California metro region rose only 1.1 percent from April to May, and 0.6 percent from May to June…… Price a...

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Pasadena July 2014 Luxury Real Estate Sales

Pasadena July 2014 Luxury Real Estate Sales

Each community has a different price point for luxury real estate, in Pasadena generally anything $3,000,000 and higher is considered luxury real estate.  Last month there was one luxury real estate sale in Pasadena. Search all Pasadena li...

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Pasadena Cash Sales Skyrocket 1

Pasadena Cash Sales Skyrocket

Comparing June 2013 to June 2014, cash sales have more than doubled!   Out of the 70 homes that sold in Pasadena last month, a whopping 48 of them were sold to CASH buyers.   These stats confirm the findings in this recent article in Bloom...

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