Here is a Market Report for Altadena and Pasadena for the week of 01/10.
Altadena
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This week the median list price for Altadena, CA 91001 is $1,247,000 with the market action index hovering around 71. This is an increase over last month’s market action index of 69. Inventory has decreased to 20.
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The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
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Pasadena
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This week the median list price for Pasadena, CA 91101 is $1,100,000 with the market action index hovering around 49. This is an increase over last month’s market action index of 38. Inventory has decreased to 1.
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In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.
- Click here for a detailed report.