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Pasadena Luxury Real Estate Sales

Pasadena Luxury Real Estate Sales

Closing out 2014, there was just one Pasadena luxury real estate sale over $3,000,000: 2786 California Blvd. Pasadena 5+5, 5163 sq. ft., 21,134 lot, built in 2000 Sold 12/18/14 for $3,280,000, 103.14% of asking price which was more than doub...

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And the Winner is…. 8

And the Winner is….

And the Winner is…..   Pasadena’s most expensive home sale in 2014 was in the sought after Oak Knoll neighborhood.   795 Oak Knoll Cir, Pasadena, 7 bedrooms, 12 baths over 12,000 square feet on just over one acre.  Sold for $...

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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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Seizure Notice placed at Pasadena estate

Resulting from Operation Fashion Police a Homeland Security led probe in collaboration with the U.S. Attorney’s Office continues to target alleged large-scale money laundering by businesses in the Los Angeles garment district.  A seizure...

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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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