by Kathy Gibson | Sep 26, 2022 | Home and Garden, Neighborhood
Last week was huge! Our contractor and his crew were here all week and we now have stucco, a working Argentinian grill, and the construction debris GONE! Our buddies were in town so it was perfect timing to host a dinner. Philip Krumal, winemaker extraordinaire, cooked veggies and Shriner’s sausages for all of us. BTW, Philip’s award-winning wines can be found at Asuncion Ridge winery in Paso Robles. Stay tuned .. coming up .. saltillo tile floor, concrete counters and mounted TV so we can watch the...
by Kathy Gibson | Sep 26, 2022 | Market, Neighborhood, Selling
Pasadena, CA Mon Sep 26 2022 This week the median list price for Pasadena, CA is $1,579,000 with the market action index hovering around 50. This is less than last month’s market action index of 52. Inventory has decreased to 115. The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Altadena, CA 91001 Mon Sep 26 2022 This week the median list price for Altadena, CA 91001 is $1,224,500 with the market action index hovering around 60. This is less than last month’s market action index of 66. Inventory has increased to 48. The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in the Market Action Index (MAI), we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on...
by Kathy Gibson | Sep 13, 2022 | Market, Neighborhood, Selling
Pasadena, CA Tue Sep 13 2022 This week the median list price for Pasadena, CA is $1,435,000 with the market action index hovering around 52. This is less than last month’s market action index of 53. Inventory has held steady at or around 116. The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. La Canada Flintridge, CA 91011 Tue Sep 13 2022 This week the median list price for La Canada Flintridge, CA 91011 is $3,092,000 with the market action index hovering around 49. This is less than last month’s market action index of 61. Inventory has increased to 34. The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising...