Let's take a look at the top 9 Pasadena real estate statistics for single family homes for the month of October 2010.

Real Estate Inventory:

1. Total Number of Pasadena Homes for Sale: 344

2. Number of new listings on the real estate market: 116

3. Number of homes going under contract (in escrow): 81

4. Number of Pasadena homes SOLD: 54

Pasadena Home Pricing:

5. Average Price of Pasadena Homes for Sale: $1,028,000

6. Average Sold Price of Pasadena Homes for Sale: $768,000

7. Average Price Per Square Foot of Sold Homes: $393

8. Difference of Sold to ORIGINAL List Price: 88%

Length of Market Time:

9. Days on the Market: 104

Observations:

A couple of interesting facts -

The volume of available homes for sale went up by 36% from October of 2009. However, there are 29% less sales this month from last year.

Looking at historical price per square foot of sold homes in Pasadena, $393 is the same price per square foot as in 15 months ago. No change at all.

Average sold price is only 1.8% lower than 15 months ago.

For a list of all Pasadena homes for sale, please visit Pasadena Homes for Sale post.

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)