Pasadena Property | Pasadena & South Pasadena Real Estate

Pasadena Listings Reflect Post Holiday Slowdown

If the real estate industry had a radar screen a few of the key indicators would be the (1) days on market, (2) current inventory and (3) the median price. Used individually these barometers can provide an "at a glance" representation of today's market. When used in graph context, they can sum up the symptoms of the market, whether it be a buyers or sellers. They can either portray a bright sunny day or let you know that storm clouds are looming on the horizon. Pasadena Median Price and Days on … [Read more...]

Pasadena Home Sales up2date Review

I have prepared my elevator speech for the Pasadena housing market...."consistent". There you have it, nothing fancy, and nothing dramatic, just a quick conveyance of an idea that succinctly sums up Pasadena home sales for the month of September. Consistent was derived by looking at the median price decline for the month, which just happens to be the same decline as we had in August. Again, rather than insert a matrix of numbers and try to explain each segment of our real estate market you … [Read more...]