When envisioning luxury real estate in Pasadena, I picture those beautiful character homes near the Langham Hotel. Pasadena September 2014 Luxury Home Sales
Three luxury real estate transactions closed, and buyers purchased two with cash.
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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 ...
There have been 24 luxury home sales in Pasadena that 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 ...
Now that summer is over, the market is slowing…. fewer closings and days on the market are increasing a bit.
Although the percentage of selling price to list is a robust 99.72%, it’s the lowest of the year. Fewer homes are selling...
“Home prices in the Los Angeles market rose 10.5 percent in the 12 months ending June. The home price index in the Southern California metro region rose only 1.1 percent from April to May, and 0.6 percent from May to June…… Price app...
Pasadena July 2014 Luxury Real Estate Sale: Each community has a different price point for luxury real estate. In Pasadena, anything $3,000,000 and higher is generally considered luxury real estate. Last month, there was one luxury real estate ...
Comparing June 2013 to June 2014, cash sales have more than doubled!  Out of the 70 homes sold in Pasadena last month, a whopping 48 were sold to CASH buyers.  These stats confirm the findings in this recent article in Bloomberg discussin...
Pasadena June 2014 Luxury Real Estate Sale: Each community has a different price point for luxury real estate. In Pasadena, generally anything $3,000,000 and higher is considered luxury real estate. 795 Oak Knoll:
Marketing for this Pasa...
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The Pasadena and much of the San Gabriel Valley real estate market is being fueled by the cash investor. Many of them are coming from china. Last month 26% of Pasadena homes buyers paid with cash. Not as many as last month, but still to...