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...
Each community has a different price point for luxury real estate. Pasadena, generally, anything $3,000,000 and higher is considered luxury real estate.
Search all Pasadena real estate sales here
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...
Life is good for Pasadena home sellers:
March 2013
March 2014
# Sold
82
75
Avg Pr Sq Ft
$395.83
$483.60
Avg SP
$754,377
$919,911
Distress Sales
16%
.04%...
Have Pasadena real estate values stabilized? Foreclosures and short sales comprise just 10% of the Pasadena real estate market. The average price per square foot of Pasadena home sales in October and November are nearly identical. The a...
Pasadena real estate statistics are compiled! Both the average price per square foot and average selling price have decreased for the third consecutive month. The average number of days a Pasadena home is on the market has increased for the...
I am not a conspiracy theorist, but a 28% increase in Pasadena real estate values seems eerily frightening. However, a closer analysis reveals that while 25% of Pasadena home sales were short sales or foreclosures last year, this September (...
It’s frightening how quickly and how much Pasadena real estate values have increased.
In August 2012, 87 Pasadena homes sold at an average of $366.46 price per square foot. There were 19 short sales and foreclosures (22% of the Pa...