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Pasadena Real Estate Values

Looking back at February 2013:

15% of the Pasadena home sales were distress sales (versus last month 10%)

28% of the single family real estate transactions in Pasadena were cash sales (same as Feb 2014) the cash buyer continues to be a major player in Pasadena real estate sales

 61 homes sold, the average price per sq. ft. was $401.33, the average Pasadena home sold in 59 days at an average selling price of $875,110.  The absorption rate was 2.11%

 Last month only 48 single family homes sold in Pasadena, inventory continues to be tight and it’s a strong sellers market.

 

Pasadena February 2014 Detailed Stats          Pasadena Home Values February 2014

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