Last month, 59 Pasadena homes sold, ranging in price from $510,000 to $4,900,000. The absorption rate has decreased slightly from last month, showing a robust real estate market for Pasadena home sellers. Buyers will continue to feel pressure now that fewer homes will be coming to market as we approach the holidays.
The median selling price of $915,000 indicates that half the Pasadena homes sell for more and half for less than $915,000. The average price per square foot is $610 – the highest for the year.
We are busy prepping our Pasadena Spanish pool home for sale, it should be on the market right after the first of the year. Call Phyllis to learn more about Pasadena homes for sale.
