As Pasadena real estate moves into the hottest selling season, I'd like to share with you some of the latest Pasadena home sales statistics as reported by Pasadena Foothill Association for April 2011.
- 66 single family homes sold at an average of $365 per square foot
- 31 condos sold at an average of $291 per square foot
- 13 townhomes sold at an average of $346 per square foot
The average time on the real estate market for single family homes was 89 days. It is taking almost a month longer to market these homes compared to April of 2010 when it took only 60 days from list to a successful close.
The lowest priced sold home in Pasadena for April 2011 was a short sale at 1932 Navarro Avenue (right on the border of Pasadena.) This home sold for $220,000. Considering this was a short sale, it took only 75 days for this home to go through the escrow process.
The highest priced home sold in Pasadena in April of 2011 was a luxury estate with over 35,000 sq. ft. which was on the market for over two years, but commanded a staggering $7,500,000.
The volume of homes for sale in Pasadena has dropped from the autumn months. However the actual number of homes sold has increased!
Average sales price of homes for sale in Pasadena closed at $750,000. The asking price, however, was at $1,142,000.
Below you can see most recent homes that sold. This list will automatically update as new home sales are recorded in the Pasadena Foothill Association by Pasadena real estate agents. As always, any questions, give me a call at 626-629-8439.
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