Last month, 59 Pasadena homes sold, ranging in price from $510,000 to $4,900,000. The absorption rate has decreased slightly from last month, showing a robust real estate market for Pasadena home sellers. Buyers will continue to feel pressu...
Last month, 67 Pasadena homes sold, ranging in price from $520,000 to $6,200,000. Although the absorption rate has increased a bit, the low number still reflects a very strong real estate market for Pasadena home sellers. Buyers will contin...
Pasadena Home Sales seem fairly consistent: the average price per square foot hovers in the $560 range, and the absorption rate is in the 2 percent range.
Pasadena Home Values
The $8,000 federal tax credit expired in June of 2010, which e...
Having just closed a sale to my Pasadena home buyers, I know how competitive the Pasadena real estate market is. In all but two months of this year, the average Pasadena home sold for over $1,000,000.
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...
Luxury real estate in Pasadena is doing well. Last month the most expensive Pasadena home sale was:
1661 Lombardy Road in Pasadena’s Huntington Library neighborhood offers 5 bedrooms, 3 baths encompassing nearly 5,000 square feet on over ½ ...