Our analysis of Pasadena condos and townhomes continues with focusing on the key real estate statistics in the South West quadrant of Pasadena - part 2 (see Part 1 - South East - here) of our series. South West Pasadena is defined as any property with a 91103 or 91105 zip code, that lies South of the 134/210 Freeway.

Key Statistics for SE Pasadena Condos

South West Pasadena Condo Prices for sale vs sold

Real Estate Inventory:

1. Total Number of South West Pasadena Condos and Townhomes for Sale: 81

2. Number of new listings on the real estate market: 19

3. Number of condominiums/townhouses going under contract (in escrow): 8

4. Number of Pasadena condos and townhomes SOLD: 7

Pasadena Home Pricing:

5. Average Price of Pasadena Condos in the South West neighborhoods for Sale: $551,000

6. Average Sold Price of S@ Pasadena Condos for Sale: $737,000

7. Average Price Per Square Foot of Sold condominiums and townhouses: $388

8. Difference of Sold to ORIGINAL List Price: 100%

Length of Market Time:

9. Days on the Market: 105

Observations:

In looking at the graph below, it's interesting to note that the average sales price is higher than the average asking price. However, 2 of the properties sold were over $1.2 million and skewed the data. Overall, just like we've seen in the South East Pasadena statistics, the inventory increased compared to previous months and the # of sales decreased.

South West Condos and Townhomes for sale:

For detailed listing information, please visit the South West Pasadena Condo page.

READ MORE: Pasadena Real Estate Guide and 365 Things To Do In Pasadena®

If you are thinking of buying or selling a Pasadena home, Pasadena condo or townhome, please give us a call for a comprehensive and free consultation. We can be reached at 626-629-8439.

 

Pasadena Views Real Estate Team

Pasadena Real Estate Agents

(626)629-VIEW (8439)