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Pasadena Market Stats

Pasadena Real Estate Values up 17% 2

Pasadena Real Estate Values up 17%

It’s a new year and for those of you trying to buy your first home, you know it’s a seller’s market. Buyers have little negotiating power.  So what’s happening with Pasadena real estate values? Comparing Pasadena real estate values Ja...

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Pasadena Luxury Home Sales

          High end homes in Pasadena are selling faster than they have been since I started tracking in 2006.  The average selling price of Pasadena luxury real estate is also significantly higher.    While the average price p...

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Pasadena Real Estate Values Up 18% year over year 4

Pasadena Real Estate Values Up 18% year over year

      The average selling price per square foot of Pasadena homes has increased 18% from last year.  In December 2012, the average Pasadena home sold for $390.08 per square foot; the average selling price was $784,481.  A ye...

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Pasadena Real Estate Values 4

Pasadena Real Estate Values

Have Pasadena real estate values stabilized?  Foreclosures and short sales comprise just 10% of the Pasadena real estate market.  The average price per square foot of Pasadena home sales in October and November are nearly identical.   The a...

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Pasadena Real Estate Values up 28% 2

Pasadena Real Estate Values up 28%

I am not a conspiracy theorist, but it seems that a 28% increase in Pasadena real estate values is eerily frightening.  BUT a closer analysis reveals that while last year 25% of Pasadena home sales were short sales or foreclosures, this Septem...

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Pasadena real estate values up 26% 1

Pasadena real estate values up 26%

It’s frightening how quickly and how much Pasadena real estate values have increased.   In August 2012, 87 Pasadena homes sold at an average of $366.46 price per square foot.  There were 19 short sales and foreclosures (22% of the Pa...

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