Realtor®

Market Watch May 6

Pasadena Market Snapshot February 15, 2016

Pasadena Market Snapshot February 15, 2016

by | Feb 20, 2016 | Uncategorized

The median list price of a home in Pasadena this week is $899,000.  Home sales continue to outstrip supply, which confirms this is still a sellers market.  There are 232 homes listed for sale in Pasadena today, and 155 properties currently in escrow.  For a link to this week’s full report, click here. Information provided by Altos...
Pasadena Market Snapshot February 8, 2016

Pasadena Market Snapshot February 8, 2016

by | Feb 10, 2016 | Buying, Market, Neighborhood, Selling

The median list price in Pasadena is currently $869,000.  There are 231 residential homes (single family + condos, townhomes, lofts) currently for sale, and 148 properties in escrow.  The volume of home sales continues to out-strip supply, which means we are definitely in a seller’s market.  Median home prices have plateaued, and inventory is up slightly.  Click here to see the report in its entirety. Report courtesy of Altos...
Pasadena Market Snapshot February 1, 2016

Pasadena Market Snapshot February 1, 2016

by | Feb 3, 2016 | Buying, Market, Neighborhood, Selling

The median list price in Pasadena this week is $888,500.  Inventory is tightening and days-on-market is falling.  But demand as measured by the Market Action Index is also trending down.  The market is not giving strong up or down signals from these data.  Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. Click here to see the report in its entirety. Report courtesy of Altos...