Pasadena January 2016 Real Estate Sales
At first glance it appears, Pasadena's average price per square foot is down, from December but it's much higher than January of last year. DOM (days on market) remains under two months a...
The 1.4 months inventory (reflected in the absorption rate) indicates an extremely favorable market for Pasadena home sellers.
What's in store for real estate in 2016? “This year the housing market may only squeak out 1% to 3% growth in sale...
There were 88 Pasadena home sales last month (September 2015). Absorption rates continue to hover in the two-month range.
Housing in California — already considered unaffordable to many — will become even less affordable over the next tw...
Last month (September 2015), the most expensive Pasadena luxury home sale was 1150 S. El Molino. This 6 bedroom, 7 bath Italian Revival home, constructed in 1911 was designed by Charles Driscoll The home is over 6,000 square feet on over ½...
Having just closed a sale to my Pasadena home buyers, I know how competitive the Pasadena real estate market is. In all but two months of this year, the average Pasadena home sold for over $1,000,000.
Last month (August 2015) the most expensive Pasadena luxury home sale was 1660 Lombardy Road. This seven-bedroom, seven-bath home is nearly 6,000 square feet, sited on one-half acre. This 1920’s Italian Revival was designed by Lawrence C. T...
The average Pasadena home is selling in less than two months; selling in multiple offers and over asking price. The low absorption rate indicates a very strong sellers’ market for Pasadena home sales.
"Some armchair analysts have suggested...
I recently closed escrow on this charming Pasadena Traditional in Pasadena’s President’s neighborhood. About my buyer: I had sold his parent’s La Crescenta home years ago. The son has grown, has a great job, and is getting married i...
Last month (July 2015) the most expensive Pasadena luxury home sale was 1126 Hillcrest Ave. This six-bedroom, six-bath home offers nearly 6900 square feet of living space on ¾ of an acre. Designed by Marston & Van Pelt, this 1916 Spanish...
Each month, Harb & Co analyze the previous month’s Pasadena real estate statistics. The absorption rate is 1.75 % - a more normal rate would be 4 or more month's supply of real estate listings.
The median selling price is the highest...