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Pasadena Real Estate Values; February 2015

Pasadena Real Estate Values; February 2015

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...

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Pasadena January 2015 Luxury Real Estate Values

Pasadena January 2015 Luxury Real Estate Values

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 ...

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Pasadena Luxury Real Estate Sales

Pasadena Luxury Real Estate Sales

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...

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And the Winner is…. 8

And the Winner is….

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...

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Pasadena November 2014 Real Estate Values

Pasadena November 2014 Real Estate Values

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...

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Pasadena Luxury Real Estate Sales 3

Pasadena Luxury Real Estate Sales

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...

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Pasadena Real Estate Values 3

Pasadena Real Estate Values October 2014

       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...

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Pasadena Real Estate Values, September 2014

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 ...

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Pasadena August 2014 Luxury Real Estate 4

Pasadena August 2014 Luxury Real Estate

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...

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