Summer is now over and we're well into our first fall month. Pasadena's real estate activity has truly been on fire during the summer. Many home buyers were out trying to take advantage of the first time home buyer $8,000 tax credit, as well as, the lower ...

There's nothing like a visual representation as to what is going on in Pasadena's real estate market. The trends are easier to spot, especially when reviewing long term data. The graph below is for the period of 14 months. It's interesting to note that May of this ...

As many of my readers know, I have not been updating this blog on a regular schedule. It's been an extremely busy summer for me. My family and I just came back from a two week vacation in Maui. I have helped 14 families buy or sell a home ...

Home sales in South Pasadena have been stable over the last few months with 13 single family homes sold in June and July and 11 in May. New listings are in the dozen range each month this summer.

READ THE LATEST SOUTH PASADENA REAL ESTATE REPORT HERE

Two new condo ...

It was an interesting month for Alhambra's real estate activity. Sales of single family homes declined a bit from June to only 14 homes sold. Condos and townhomes on the other hand had a significant increase - twice as many condos and townhome sold in July vs. June - but at ...

The inventory in South Pasadena is moving very quickly. South Pasadena home and condo prices are on the rise. Many "cash heavy" investors are out in the market competing with regular buyers. Multiple offers are still prevalent on well priced homes.

Lowest priced home sale in South Pasadena in June ...

The first month of the summer statistics for Pasadena home sales are in. June outperformed May and we're seeing increases in the price per square foot of sold homes, condos and townhomes.

Homes on average are selling at 96.41% of asking price, but 30 out of 68 June ...

San Marino real estate market did not show any drastic changes during the 2nd quarter of 2009. Number of homes available for sale has remained consistent in the mid 30s. Although the number of new listings decreased by 27% in June.

The least expensive home on the market in San ...

Home sales in Sierra Madre were pretty consistent over the last two months and of course, a little on the slow side in April. Remember when looking at closed home sales, we're looking at properties that went under contract and in escrow a month to two months prior.

Absorption ...

Real estate activity is picking up in Alhambra. The number of home sellers has increased this month, but the number of buyers making offers and opening escrow is at it's highest at 25 in June. Alhambra homes are also selling pretty close to their asking price at 99.6 ...