Pasadena Real Estate Market Overview

By
Real Estate Agent with Dilbeck Real Estate Real Living

Our Rose City of Pasadena, California has seen the number of homes sold remain steady and the cost of homes per square foot slightly increased in the last month. The average list/sold prices declined.

 

       May       YTD
# Units Sold        87      335
Dollar Value  $71,513,600  $257,334,240
Average List Price  $851,873  $799,428
Average Sold Price  $821,995  $768,162
Average Market Time        74       79
Average Square Feet 1,859 1,726
Average Price Per Sq. Ft. $442 $445
% of List Price 96.49% 96.09%

This if for June

         June        YTD
# Units Sold        88      425
Dollar Value  $70,275,980  $328,979,220
Average List Price  $817,428  $802,683
Average Sold Price  $798,581  $774,069
Average Market Time         80          79
Average Square Feet 1,799 1,741
Average Price Per Sq. Ft. $444 $445
% of List Price 97.69% 96.44%

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Rainer
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Anoir Redouane
Halstead Property, LLC - Manhattan, NY

Hey Linda,

I'm from the East Coast, but I love your city and especially neighboring Huntington Gardens.

Please visit my blog from time to time and leave me a nice comment.

Best regards,

Anoir

 
 
Your Hoboken Property Expert...........Experience you can bank on!
___________________________________________________________________________________________________________________________________________________________
 
Perez Redouane Property Partners
Anoir Redouane, Realtor
 
Robert De Ruggiero Inc., Realtors
89 Washington St
Hoboken, NJ 07030
201.222.7550 ext. 12
Jul 12, 2008 03:33 PM #1
Rainer
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Carole Lhuillier
Keller Williams Realty SunCoast - Saint Pete Beach, FL
Our Home Team Florida

Linda,

Thanks for sharing this information.  It's always good to see how market sales in other areas of the country are doing.  Atlanta is rather flat.  The Tampa Bay area is very, very slow in the upper priced beach properties, but median to lower priced homes are still selling OK.  Of course, it is taking longer to reach Binding Agreement.

Pasadena is so lovely.  Good luck in growing your real estate business.

Carole Lhuillier
Our Home Team

Aug 14, 2008 09:42 AM #2
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Rainmaker
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Linda Lane-White

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