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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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Pasadena Luxury Condominiums

Pasadena Luxury Condominiums

Last week, Joe (Harb) and I revisited the luxury condominiums in Pasadena at 920 N. Granite Drive.   In the heart of Pasadena's desirable South Lake Ave District, Granite Park was originally offered for sale several years ago and about 50...

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