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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 

Pasadena January 2015 Luxury Real Estate Value

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. It offers five bedrooms and...

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Pasadena Luxury Real Estate Sale December 2014

Pasadena Luxury Real Estate Sale December 2014

Pasadena Luxury Real Estate Sale December 2014: 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...

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And the Winner is…. 8

And the Winner is….

And the Winner is…..   In 2014, Pasadena’s priciest home sale occurred in the highly desirable Oak Knoll neighborhood. Specifically, the property at 795 Oak Knoll Cir, Pasadena, boasts seven bedrooms, twelve bathrooms, and...

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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 November 2014

Pasadena Luxury Real Estate Sales November 2014

Pasadena Luxury Real Estate Sales November 2014; Last month (November 2014), three luxury real estate sales occurred in Pasadena. Two were sold over asking price, and one was sold for cash. 850 El Campo (San Marino school district) 5 + 7,...

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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

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 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 ...

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