Real Estate Market Reports

Dec. 9, 2008

South Pasadena Real Estate Market Report - November 2008

The number of single family homes sold in South Pasadena in November almost doubled from the previous several months, while the inventory of available South Pasadena homes for sale remains the same. This drives the absorption rate down quite drastically from almost 30 weeks on the market to sell existing ...

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Dec. 8, 2008

San Marino California Real Estate and Housing Report for November 2008

Even though San Marino has not escaped the touch of foreclosures, overall, real estate market is holding very well. Inventory is relatively unchanged with approximately 30 homes available for sale each month over the last couple of months and homes are selling on average at 1.67% over asking price ...

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Nov. 28, 2008

Alhambra Real Estate Market Report - October 2008

The median sales price in Alhambra in October is $525,000. On average, Alhambra homes stayed on the market for 145 days before selling.

Alhambra inventory is tightening and days on the market is falling. But demand as measured by the Market Action Index is also trending down. The market ...

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Nov. 28, 2008

Monterey Hills Real Estate Market Report - October 2008

Monterey Hills real estate is in a flux of confusion right now. Even though the volume of available condos and townhomes on the market is quite low, the prices are dropping at a rapid pace. The area has been affected by a number of short sales and foreclosures that are ...

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Nov. 28, 2008

Arcadia Real Estate Market Report - October 2008

Arcadia home sales came to a standstill in October. The number of new properties on the market increased for all categories - homes, condos and townhomes. The total number of units increased and the absorption rate is the highest it's been in awhile.

Interestingly enough, when I am out looking ...

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Nov. 24, 2008

Pasadena Real Estate Market and Housing Report - October 2008

Pasadena's real estate inventory of homes has decreased in October to 127 units overall - inclusive of single family residences, condos and townhomes. It is not surprising as folks are getting ready for the holiday season and in the natural annual cycle of real estate, we expect to see less ...

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Nov. 23, 2008

San Marino Real Estate Market Report for October 2008

San Marino California's real estate inventory remains pretty stable for October. The number of new homes listed for sale remains at 12 with no change from August and the overall number of available homes is still in the low 30s.

On average, it is taking a little over a ...

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Nov. 23, 2008

Pasadena Real Estate Market and Housing Report - October 2008

Pasadena's real estate inventory of homes has decreased in October to 127 units overall - inclusive of single family residences, condos and townhomes. It is not surprising as folks are getting ready for the holiday season and in the natural annual cycle of real estate, we expect to see less ...

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Nov. 21, 2008

Chief Economist for California Association of Realtors speaks to Pasadena Realtors

This week, I was privileged to attend a presentation by Leslie Appleton-Young. Leslie is the Vice President of California Association of Realtors and their Chief Economist.

I have never heard Leslie speak before and was surprised with her vibrant personality and down to earth style. it's always hard to ...

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Nov. 17, 2008

Altadena Real Estate Market Report - October 2008

Altadena real estate is still seeing an increase in home listings. Inventory is increasing, prices are going down and sales will be decreasing in the next couple of months. Take a look at the number of Altadena homes with accepted offers (sales pending) and you will see a significant decrease ...

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