Real Estate Market stats
26% of Pasadena Home Buyers are Paying with Cash
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...How much are Glendale homes selling for?
While the average standard Glendale home sale is on the market 41 days (DOM) the average short sale is just 28 days. Odd considering that the short sale lender typically approves the sale after an offer has been received and signed by the...
Glendale Luxury Real Estate Sales
Each community has a different price point for luxury real estate. In Glendale, generally, anything $1,500,000 and higher is considered luxury real estate. Search Glendale Real Estate Here
La Crescenta Real Estate Stats
Last month’s La Crescenta real estate stats are mixed. The absorption rate is the lowest for the year (stong seller’s market). But average price per sq ft and average selling price have dipped. Related Post: Spotlight ...
La Crescenta Luxury Real Estate Sales
Each community has a different price point for luxury real estate. In La Crescenta generally anything $1,000,000 and higher is considered luxury real estate.
Nearly 50% of Pasadena Home Sales were Purchased with Cash
80 Pasadena homes closed escrow last month and 36 sold to cash buyers – 45% of Pasadena home sales sold for cash. Shocking! A lot of this is foreign money – Frightening! As the average selling price continues to climb, inventory remai...
Glendale Real Estate Values Continue to Climb
Last April, 51 Glendale homes sold; the absorption rate was 2.45%. In April 2014, only 44 homes sold (due to a shortage of listing inventory), the absorption rate of 1.57% indicates an even stronger home sellers market. Last April the aver...La Crescenta Real Estate Values Up 15% from last year
Last April: 33 La Crescenta homes closed escrow The average price per sq ft was $366.46 and the average selling price was $682,249 12% were short sales (this year just .5% of La Crescenta homes were distress sales (REO’s no short s...
