Pasadena
Pasadena Real Estate Values
[vc_row][vc_column][vc_column_text] When I look at rental prices, I am astounded! With rent being so high, it’s extremely difficult to save for a down payment. One in four home buyers say they want to buy a home because their rent is too h...
Pasadena January 2016 Real Estate Sales
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...
Pasadena December 2015 Real Estate Values
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...
Pasadena Real Estate Sales
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...
Pasadena Luxury Home Sales
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...
Pasadena August 2015 Real Estate Values
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.
Pasadena luxury home sales in August 2015
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...
Pasadena Home Sales, July 2015
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...
