Even with rising home prices, many homeowners who have considered selling are deciding not to because they are caught in an affordability squeeze that is compounded by a lack of inventory. 35% of homeowners have considered selling their home i...
The average Pasadena home is selling in less than two months; selling in multiple offers and over asking price. The low absorption rate indicates a very strong sellers’ market for Pasadena home sales.
"Some armchair analysts have suggested...
Last month (July 2015) the most expensive La Canada luxury home sale was 5357 Alta Canyada Road. The 4 bedroom, 6 bath home is nearly 6,000 square feet on over ½ acre. Designed by Everett Phipps Babcock the home was completely renovated in 2...
Glendale homes continue to sell quickly. The average price per square foot of sold homes is the highest year. Although the number of homes sold has increased, the absorption rate for the last two months is hovering below a two-month suppl...
I recently closed escrow on this charming Pasadena Traditional in Pasadena’s President’s neighborhood. About my buyer: I had sold his parent’s La Crescenta home years ago. The son has grown, has a great job, and is getting married i...
Last month (July 2015) the most expensive Pasadena luxury home sale was 1126 Hillcrest Ave. This six-bedroom, six-bath home offers nearly 6900 square feet of living space on ¾ of an acre. Designed by Marston & Van Pelt, this 1916 Spanish...
Supply and demand: The absorption rate remains low, barely over a month’s supply of listings which will keep La Crescenta real estate values high. The good news is that there were 43 lucky home buyers last month (March and April combined...
I grew up around the corner from my new listing at 535 Clement Drive in Glendale. It’s a quiet block near but not too close to Mark Keppel Elementary, Toll, and my alma mater, Hoover High.
The kitchen opens to the sun-fille...
Glendale real estate values are at an all-time high. Last month, (June 2015) there were 61 lucky Glendale home buyers. The absorption rate is the lowest it has been all year. The average sales price and median selling price are both at year...
We compile the statistics each month to provide an update on Glendale real estate values. For this recap we only use data that pertains to single family residential real estate sales in Glendale, California. We do not include condos, townho...