Pasadena Home Values September 2017:
Last month, seventy-seven Pasadena homes changed hands. Prices ranged from $450,000 to an impressive $7,050,000. This wide range reflects the diverse market in Pasadena. The absorption rate remained very low. This is a clear indicator of a strong seller’s market. Homes are moving quickly, with demand far outpacing supply. Sellers are benefiting from competitive conditions. As we head into the holiday season, fewer homes are expected to come to market. This seasonal shift will likely put even more pressure on buyers, and with limited inventory, competition will only intensify.
Pasadena Home Values September 2017 Recap: Most Pasadena homes are selling fast. Many receive multiple offers within days of being listed. These bidding wars often drive final sale prices above the original asking price. This trend highlights the high demand and strong buyer interest in the area.
This is an ideal time for sellers to list. For buyers, quick decision-making and strong offers are crucial. As inventory tightens, the Pasadena real estate market shows no signs of slowing down.
We are actively preparing our Pasadena Spanish pool home for sale and are unsure if we will finish in time to list it this year.
Call Phyllis to learn more about Pasadena homes for sale.
