Real Estate Market Reports

June 29, 2009

Real Estate Statistics for Pasadena California - May 2009

As expected, the volume of sales has increased dramatically from April to May.

Pasadena home sales increased by 20% from April and homes under contract are 23% higher. Average selling price increased a bit as well. Close to 100 new home listings came up on the market, but the inventory ...

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June 9, 2009

Real Estate Housing Update for San Marino California

San Marino's real estate prices have always been driven by their top rated public schools, a small knit community and close proximity to Pasadena and downtown LA. As expected, San Marino real estate activity has stayed strong even in the down market and as Pasadena's real estate started ...

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June 7, 2009

South Pasadena Real Estate Analysis and Inventory of Homes, Condos and Townhomes for Month Ending May 2009

The inventory of homes, condos and townhomes in South Pasadena is still very low and the demand is rising. Home buyers looking to get into a South Pasadena condo or townhome have very few choices and even the property located next to the Gold Line tracks went into escrow with ...

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May 28, 2009

South Pasadena Real Estate - What's Up with the Housing Inventory?

Do you remember the commercial? Where is the beef? Inventory in South Pasadena is sort of like that especially when it comes to South Pasadena condos and townhomes.

The pendulum is swinging very quickly to a buyer's market in South Pasadena and most of the neighborhoods in and around ...

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May 21, 2009

Monterey Hills Condos and Townhomes - Real Estate Market Update

As much as Pasadena's real estate market is on the rise, Monterey Hills real estate is still depressed. Inventory of condos and townhomes is still non-existent given that there are close to 4,000 housing units on the hill. Condo listings that are there are sitting and not seeling ...

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May 17, 2009

Pasadena California Real Estate Market Report for April 2009

What an interesting and challenging month it has been for Pasadena's real estate market!

Last month, as I was writing the real estate market update, I felt that Pasadena real estate was on the rebound. We started seeing multiple offers and multiple buyers. Inventory of Pasadena homes and condos ...

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April 27, 2009

San Marino California - Housing and Real Estate Report for March 2009

San Marino California is a bit of a "humpty dumpty" - up again and then down again! What's going on?

Last month, San Marino real estate saw more inventory, but home sales prices and price per square foot dropped to the low $500s. Of course, this has to do with ...

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April 23, 2009

Pasadena Real Estate Market is on the Rebound - March 2009 Pasadena Home Sales and Statistics

If you've been reading my Pasadena blog for awhile, you know that I've been seeing multiple offers on Pasadena homes for the last month or so. I have been hearing from home buyers, especially first time home buyers that are getting ready to buy their first Pasadena home ...

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April 23, 2009

Pasadena Craftsman Homes are Selling like Hot Cakes!

I am working with several Pasadena home buyers who are looking for a character home in Pasadena. When one thinks of a character home, Pasadena Craftsman or California Bungalows come to mind.

Pasadena craftsman homes in particular have been very difficult to come by. In April, to date, only 5 ...

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April 19, 2009

Monterey Hills California - Real Estate Sales and Statistics for March 2009

If you are a buyer looking for condos in Monterey Hills, you are totally out of luck! There is no inventory!!!

Monterey Hills condos have always been a great investment and are easy to rent due to its proximity to USC Medical Center and downtown LA. Smart home owners are ...

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