You are here: Home / Archives for Pasadena home sales

Pasadena Home Sales for September

October 23, 2009 By 3 Comments
Pasadena Single Family - Price per Square Foot & Median Price

Beginning this month I am going to change how the monthly sales results are reported for the Pasadena Real Estate market. Instead of just looking at median prices, we are now going to overlay the price per square foot for the same period. Anytime you hear how sales are being reported in the media the focus is always on median prices. This year has been a very unusual year in the sense that sales of foreclosed homes in Pasadena have been a much bigger segment of the market. As a result the … [Read more...]

Filed Under: Up2date Sales Tagged With: , , , ,

Pasadena’s July Home Sales Are Highest Since 2006

August 11, 2009 By 4 Comments

I don't think there should be any doubt left in the minds of local residents, the seasonal home selling season has returned. Little did we know or realize that it was going to be 3 years to the day when the market started to fall, or that it would correct itself 36 months later. It was July 2006 when real estate markets began to soften. A gradual decline eventually turned into a market free fall. However, all of that appears to be behind us as we head into the back half of 2009. The good news … [Read more...]

Filed Under: Up2date Sales Tagged With: , ,

Was June the Turning Point for Pasadena Home Sales?

July 27, 2009 By 3 Comments

It had appeared the momentum in the Pasadena real estate market had been building. Sales were increasing, buyer's were becoming increasingly optimistic, and sales were beginning to move away from just the lower end of the market. The number of homes in escrow was increasing and stories were developing of multiple offers and quick sales. And we are not just referring to distressed properties. There is really no other term to describe the month of June than just an old fashioned "blow … [Read more...]

Filed Under: Current News Tagged With: , ,

Pasadena Home Sales Increase in May

June 14, 2009 By 1 Comment

Unit sales along with the median price make positive gains in May, continuing an upward trend in 2009. Predictability, which was absent in the Pasadena real estate market during the last two years appears to be making a return. Predictable that is, when the seasonal home buying months once again become the months of May thru August. The median price of a Pasadena home exceeded $500,000 for the first time since November 2008. The housing market which has exhibited some positive trends … [Read more...]

Filed Under: Up2date Sales Tagged With: , ,

Pasadena April Home Sales & Stability is the New Black

May 19, 2009 By 5 Comments

If you had to make an attempt at describing the activity for the month of April in the Pasadena housing market a few words come to mind......stable, holding, and steady. These words are a little misleading in the sense that they are more descriptive than they sound. Although they don't indicate it, these terms are expressive due to the fact that the real estate prices in Pasadena have maintained the momentum they began to gather in March. As if we ever would have thought that just maintaining … [Read more...]

Filed Under: Current News Tagged With: , ,