As a real estate agent working in and around Pasadena California, I am constantly getting phone calls from buyers looking for great deals.
If you are looking for a real estate deal, you came to the right place. I will be posting my "Dusty Deals" by area on a monthly basis right here for your review.
What is a "Dusty Deal" list? It is a list of real estate for sale including homes, condos and townhomes that have been on the market for over 100 days. Are all of these great deals? Not necessarily. BUT, the seller has been actively marketing their homes for a very long time and is probably ready to deal.
Why are these homes on the market still? The most likely reason is that they were over priced to begin with. The first few weeks of marketing a home for sale are the most critical weeks for any seller. If the property is overpriced, or not marketed correctly, it gets stale. Local real estate agents ignore these homes and avoid showing them to their buyers. Potential home buyers look these homes up on the internet, but wonder what is wrong with these homes since they didn't sell.
My take on this is, if you are looking for a deal, these homes are the best place to start. Why? Home sellers are tired of showing their homes and most are ready to NEGOTIATE their price and SELL!
So here's a list of condos and townhomes for sale in Monterey Hills that have been on the market for over 100 days:
|Address||Bed||Bath||Listing Price||Price/SqFt||HOA Dues||MLS #||DOM|
|3961 Via Marisol #214 Los Angeles CA 90042||2||2||$320,000||$316.52||$310||418046502||286|
|805 Temple Ter #302 Los Angeles, CA 90042-5030||1||1||$329,000||$356.06||$351||12101495||246|
|4210 Via Arbolada #207 Los Angeles, CA 90042||2||2||$354,900||$342.24||$277||22107236||103|
|4589 Via Marisol #351 Los Angeles, CA 90042||2||2||$359,100||$345.95||$310||408047287||104|
|4260 Via Arbolada #320 Los Angeles, CA 90042||2||2||$384,000||$363.29||$0||22105534||143|
|3961 Via Marisol #321 Los Angeles, CA 90042||2||2||$385,000||$380.81||$310||488020987||143|
As you're going through the list, please look at the last column titled DOM (Days on the Market). This will tell you how many days these homes have been on the market.
List compiled from ITEC MLS (Pasadena Foothill Association)
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Thinking of selling your home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Southern California Real Estate Market.