Last month, just 49 Pasadena homes sold. The absorption rate of 3.06% still indicates a strong seller's market but is becoming more favorable for Pasadena home buyers.
Many home sellers want to maximize their profits when selling. I ...
Real estate values continue to hold their own and Pasadena is no exception. Last month, (May 2017), there were 105 Pasadena home sales - homes which closed escrow. The "average" home sold was 2255 square feet which would buy the "average" ...
Last month Pasadena home sales ran the gamut from $385,000 for a 1 bedroom, 1 bath home at 914 N. Catalina which sold in just 3 days to a $4,199,000, 1910 Craftsman in Pasadena's coveted Langham neighborhood. If you are interested in learning m...
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When I look at rental prices, I am astounded! With rent being so high, it’s extremely difficult to save for a down payment. One in four home buyers say they want to buy a home because their rent is too h...
According to the Census Bureau, the percentage of U.S. residents who own their homes is at the lowest point it has been for more than 20 years. How are Pasadena real estate values holding up? The average price per square foot of Pasadena h...
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...
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...
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...
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...
When I envision luxury real estate in Pasadena, I picture those beautiful character homes clustered near the Langham Hotel.
There were three luxury real estate sales in Pasadena last month (two of which were purchased with cash).
685 Prospe...