Pasadena homes are selling faster and for substantially more than last year. The only bright light for Pasadena home buyers is that the average selling price to list shows a little wiggle room. The absorption rate is a bit higher than last Fe...
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 ...
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...
And the Winner is…..
Pasadena’s most expensive home sale in 2014 was in the sought-after Oak Knoll neighborhood. 795 Oak Knoll Cir, Pasadena, seven bedrooms, twelve baths over 12,000 square feet on just over one acre. Sold...
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...
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 which 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% sellin...