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Pasadena November 2014 Real Estate Values

Pasadena November 2014 Real Estate Values

25% of Pasadena real estate sales closed with cash. Most Pasadena homes continue to sell for over asking price. Last year (November 2013) the average Pasadena home sold for $437 per square foot versus this year (November 2014) $517.  The aver...

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Pasadena Luxury Real Estate Sales 3

Pasadena Luxury Real Estate Sales

Last month (November 2014), there were three luxury real estate sales in Pasadena .  Two of the three sales sold over asking price and one sold for cash. 850 El Campo (San Marino school district) 5 + 7, 7274 sq. ft., 29,422 lot, built in 1992...

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Pasadena Real Estate Values 3

Pasadena Real Estate Values October 2014

       There were 62 Pasadena home sales last month; more than ¼ sold to cash buyers.  The absorption rate has steadily increased the last four months and is the highest for the year.  While still a strong seller’s market, the marke...

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Pasadena Real Estate Values, September 2014

Pasadena Real Estate Values, September 2014

82 Pasadena homes closed in September.  Days on market (DOM) increased – taking a bit longer to sell.  30% of Pasadena home sales closed with cash.  Short sales and foreclosures while slightly increased continue to have little impact on ...

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Pasadena August 2014 Luxury Real Estate 4

Pasadena August 2014 Luxury Real Estate

There have been 24 luxury home sales in Pasadena which sold this year (through 8/31) for $3,000,000.  Last month August, there were four (one purchased with cash):   3618 San Pasqual, Pasadena 91107 Sold $3,120,000; 97.87% sellin...

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Seizure Notice placed at Pasadena estate 1

Seizure Notice placed at Pasadena estate

Resulting from Operation Fashion Police, a Homeland Security-led probe in collaboration with the U.S. Attorney's Office continues to target alleged large-scale money laundering by businesses in the Los Angeles garment district. A seizure no...

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Pasadena Real Estate Values 1

Pasadena Real Estate Values October 2014

Now that summer is over, the market is slowing…. fewer closings and days on the market are increasing a bit. Although the percentage of selling price to list is a robust 99.72%, it’s the lowest of the year.  Fewer homes are selling...

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Charming Fixer In Prime Pasadena Neighborhood 1

Charming Fixer In Prime Pasadena Neighborhood

    The “golden rule” of real estate is buying the neighborhood home with the most opportunity for growth.  This charming fixer is located in a prime Pasadena neighborhood and ready for your personal touch!  Enter a private time cap...

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Pasadena Real Estate Prices 1

Pasadena Real Estate Prices

“Home prices in the Los Angeles market rose 10.5 percent in the 12 months ending June. The home price index in the Southern California metro region rose only 1.1 percent from April to May, and 0.6 percent from May to June…… Price app...

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