Pasadena
Pasadena Home Sales, July 2015
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...
Just Sold: Pasadena Traditional
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...
Pasadena July 2015 Luxury Home Sales
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...
Pasadena June 2015 Real Estate Statistics
Each month, Harb & Co analyze the previous month’s Pasadena real estate statistics. The absorption rate is 1.75 % - a more normal rate would be 4 or more month's supply of real estate listings. The median selling price is the highest...
Pasadena June 2015 luxury home sales
Last month the most expensive Pasadena home sale was 359 W. Del Mar Blvd. This 1908 English Revival Manor is just over 8,000 square feet on ¾ acre. This home was purchased in 2008 for $2,000,000. All bathrooms and kitchen were remodeled a...
Pasadena Real Estate Values
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...
Luxury Home Sales in Pasadena
Let’s take a look at luxury home sales in Pasadena: The most expensive Pasadena home which sold last month (May 2015) was 1240 S. Grand Ave., 91105 The 5-bedroom 7, 7-bath estate sold for $4,450,000. This luxury home is situated on on...
Pasadena Real Estate Values
Pasadena real estate values continue to be strong. The absorption rate indicates an extremely favorable real estate market for home sellers. It’s a tough real estate market for Pasadena buyers. The challenges of buying in Southern Calif...
