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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 January 2014 vs. January 2013:

In 2013, 53 homes sold at an average price per sq. foot of $370.26
Short Sales and foreclosures comprised 23% of Pasadena home sales
Average days on market was 71, absorption rate 2.77%

Pasadena january detailed stats Pasadena Home Values January

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