Here is a Market Report for Altadena and Pasadena for the week of 01/18.
Altadena
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This week the median list price for Altadena, CA 91001 is $1,250,000 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 23.
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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 45. This is less than last month’s market action index of 49. Inventory has decreased to 1.
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The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
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Los Angeles County
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