Pasadena Real Estate

Arcadia Real Estate Update

It's been awhile since I ran real estate statistics for my readers on Arcadia California. So... to make up for it, you'll get a ton of data that you can chew on... :)

Let's take a look at a couple of things.  First, the last few months of our regular data below shows that the number of new homes and the overall inventory of units in Arcadia for all types of properties is staying pretty stable. 

Price per square foot of sold single family Arcadia homes is inching up closer to the mid $400 range.  It'll be interesting to see if the price will flat line during the summer or move a bit up.  My guess is that it will remain pretty stable since the inventory is not moving overly quickly.

There has been an increase in sales for both condos and townhomes.  However, the price per square foot moved down a bit.

Arcadia real estate statistics for February 2010 through May 2010:

Longer view Arcadia real estate trends?

I wanted to show you the investment return on Arcadia real estate - all property types - based on a purchase five years ago vs. 1 year ago.  Trendgraphix using the data from the Pasadena Foothill Association of Realtors captures the following information:

1 month			1 year			5 years
	Mar 10	Apr 10	% Change	Apr 09	Apr 10	% Change	Apr 05	Apr 10	% Change
Avg. Active Price	1193	1159	-2.8%	1275	1159	-9.1%	1132	1159	2.4%
Avg. Sold Price	860	999	16.2%	715	999	39.7%	797	999	25.3%

Real Time Arcadia Real Estate Statistics and Home Sales Data:

Information below is provided by Altos Research and will be updated every week as new real estate data for Arcadia California is available.  Feel free to bookmark this post and refer to it often.

Median Price for homes in ARCADIA, CA All ZIP Codes as of May 14, 2010 is $950,000

Inventory for homes in ARCADIA, CA All ZIP Codes as of May 14, 2010 is 196

Average Days on Market for homes in ARCADIA, CA All ZIP Codes as of May 14, 2010 is 96

Median Price per Sqft for homes in ARCADIA, CA All ZIP Codes as of May 14, 2010 is $421

Interested in seeing homes available for sale in Arcadia?

For details on any of the above properties, please visit Arcadia Homes for sale post.

For weekly updates on Arcadia real estate market activity, please feel free to request market analysis reports with detailed information by clicking here to be taken to the market analysis website page. These reports are gathered and updated by Altos Research and will be emailed to you with my compliments.

PasadenaViews Real Estate Team

Arcadia Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

Irina at PasadenaViews.com

(626)629-VIEW (8439)

Monterey Hills Real Estate Update

It's time to take a look at The Hill - Monterey Hills!  Inventory, unfortunately, is still extremely low.  Let's take a look at the chart below from Trendgraphix documenting the real estate data from Pasadena Foothill Association of Realtors.

It's interesting to note that unit volume went down 56.7% from April of 2007 to April of 2010, from 69 units to only 30 available Monterey Hills properties for sale.

Only a few listings are coming on the market each months and very few sales are closing.

Additional Monterey Hills statistics to consider:

Looking backwards... if you bought a Monterey Hills condo 10 years ago and held on to the property, what kind of returns would you expect to see? Let's take a look below:

Not bad... a nice return of close to 150%.

Here's a look of Monterey Hills homes available for sale now:

And, if you're interested in seeing all the details of these condos and townhomes, please bookmark Monterey Hills condos and townhomes for sale post which is updated every few hours with the most current real estate listing information.

For more information on specific complexes, read more below:

Austin Terrace

Bradley Court - PUDs

Huntington Terrace

Fremont Villas

Linden Heights

Vallejo Villas

PasadenaViews Real Estate Team

Monterey Hills Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

Irina at PasadenaViews.com

(626)629-VIEW (8439)

Langham Hotel, previously known as the Pasadena Ritz Carlton, is surrounded by some of the most beautiful luxurious estates in Pasadena and San Marino.  So, if you are curious to see what's available in the Langham Huntington Hotel Neighborhood, let's take a look at a couple of homes I previewed today.

1535 Kenmore Road, Pasadena

My personal favorite of the tour.  This 4 bedroom, 3 bath home is right around the corner, on a cul-de-sac, with a tranquil and peaceful back yard. 

Per Listing Agent:  An entry is a journey, & architect Miller Fong has employed harmony, flow & spatial dynamics to guide us into his own stylish contemporary world. This striking residence is open & livable w/ a flexible floor plan, walls of glass & remarkable vistas. On entering, a serpentine wall leads past a spacious den w/ fireplace towards the great room w/ generous seating area, fireplace, dining space & fantastic kitchen w/ newer stainless appliances. The materials are exciting: a mosaic tile backsplash is juxtaposed against a polished, stained concrete floor; marble counters are a foil for sponged walls; & natural skylights contrast w/ European, low voltage cable strung lighting. A convenient guest bath & laundry are adjacent. The master suite offers a grand picture window, a spectacular bath w/ Jacuzzi tub & wall-less garden shower & a dream dressing room that shares the entry's dramatic serpentine wall. 3 additional bedrooms, a handsome bath & extensive patio space complete this exquisite home.

Listed with Tink Cheney, Coldwell Banker

830 Huntington Garden Drive, Pasadena California

This home is right behind the Langham on the magical Huntington Garden Drive.

Per Listing Agent A traditional Cape Cod near the Langham Hotel on a quiet street. The lovely kitchen is updated with granite counters and newer appliances. A large bedroom suite is on the same floor level with the living room, the dining room, & kitchen. The living room is special living space with an elegant fireplace, and views over the pool. The family room is downstairs with bathroom, and 3 bedrooms with access to pool area and gardens. There is a stone patio, a wood deck and grassy area with a beautiful pool. The bathrooms are marble with granite counters hardwoods and limestone floors.

Listed with Monica Wilson (w/ Janet Fitzgerald), Coldwell Banker

445 Buena Vista Street, San Marino California

Close enough to the Langham, but just a few blocks away from San Marino's Mission District and infamous Julienne's Restaurant.  The best of both worlds!  In conversation with the listing agent, this property is not expected to be available for longer than a week or so.  Multiple offers expected.

Per Listing Agent: FABULOUS MONTEREY COLONIAL HOME IN THE POPULAR MISSION DISTRICT. A WONDERFUL NEIGHBORHO0D NEAR PASADENA & SOUTH PASADENA,PLUS EASY ACCESS TO THE 110 FREEWAY.Y0U WILL LOVE THIS LOCATION. DON'T MISS THIS LOVELY SPACIOUS, REMODELED HOME; IT'S A TRUE GEM. GREAT 3RD FLOOR LOWER LEVEL WITH A FIREPLACE, 2 WINDOWS, BUILT-IN CUPBOARDS, AND NEWER CARPET.A PERFECT AREA FOR A MEDIA ROOM OR RECREATIONAL AREA.

Listed with Linda O'Neal, Dilbeck Realtors

1335 Saint Albans Road San Marino

This home is also in San Marino known for its #1 rated California Public Schools.  It is almost across the street from Lacy Park with its rose garden and tennis courts.  If you're looking for a Mid-Century this luxury property might be for you.

Per Listing Agent - A spacious one story mid century home situated on over 1/2 acre (25,200 sq.ft.) in one of the most desirable San Marino locations, adjacent to Lacy Park and the Huntington Library. Enter this beautiful home through Chinese fret work entrance. This home features 4bed, 3ba., powder room, large living room with raised marble fireplace, formal dining room, kitchen with breakfast area, charming wood paneled family room with built in book shelves, corner fireplace and wet bar, a grand sized multipurpose garden room overlooking and opening out to rear patio gardens and pool. The exquisite professionally landscaped front and rear gardens featuring oversized resort style pool, specimen trees: palms, bamboo, foliage plantings and ferns, rear patio, private rear deck, two 2-car detached garages, all add to and extend the livability of the San Marino residence.

Listed with Linda Chang (w/ Brent Chang), Coldwell Banker

Listing information for properties above is deemed reliable but not guaranteed. Read full disclaimer.

Take a look at some of the other San Marino homes for sale below:

For specific details of the home above, please visit San Marino Luxury Homes For Sale.

IRINA NETCHAEV & ASSOCIATES

PasadenaViews Real Estate Team

445 South Fair Oaks Avenue

Pasadena, CA 91105

Irina at PasadenaViews.com

(626)629-VIEW (8439)

Arcadia home buyers that qualify for the home tax credit have only a few more days to enter into a purchase contract with a seller.  Unless, of course, they are looking for new construction homes to try to get their share of the California Home Tax Credit.

Below is a list of our Dusty Deals™ in Arcadia.  Dusty deals™ are homes that have been listed on the market for over 3 months and are regular home sales, not foreclosures (REOs) or short sales.  The reason we call them Dusty Deals^TM is most home sellers are ready to "deal" and "wheel" and sometimes, we're able to negotiate a much better price with a regular sale vs. a short sale or even a foreclosure.  So... without further delay, here's our Arcadia's dusty deals™ list:

Dusty Deals™ in Arcadia California:

So, whether you are looking to find a property in the next few days or are looking for just that right Arcadia home for sale, use the resources available on this real estate site to search for your next house, condo or townhome. As always, we are here to answer your questions and provide you with guidance.

Here's a list of homes that are currently on the market in Arcadia:

To see all Arcadia home details, please visit Arcadia homes for sale which is updated every few hours and search like a real estate agent.

PasadenaViews Real Estate Team

Pasadena Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

Irina at PasadenaViews.com

(626)629-VIEW (8439)

Monterey Hills condo sales are slowly.... very slowly... rising.  Only 4 closed condo sales last month.  However, the inventory of newly listed condo units is up to 9 last month with the overall volume still staying under 20 properties.

If you are shopping for a Monterey Hills townhome, you have a long wait... nothing is coming up for sale.  Home owners in Monterey Hills are holding on to their condos and townhomes and rent them vs sell them to avoid taking a hit in the selling price.

Since this area is only minutes to downtown LA and is loved by USC Medical students for the convenience to the USC medical center, Pasadena's old town, restaurants and shops, these Pasadena agent condos are quite easy to rent.  Most units are 2 bedrooms and 2 baths and quite a few floor plans have 2 master suites with bedrooms on opposite sides of the living room - great for room mates.

READ MORE:

Top 10 Tips on Buying a condo in Monterey Hills

Here's what the last couple of months of real estate sales look like.

Monterey Hills Condos and Tonwhome Sales Information for 1Q10:

If you are interested in Monterey Hills and would like to get more informaiton about specific Monterey Hills complexes, take a look at these informative articles below:

Austin Terrace

Bradley Court - PUDs

Huntington Terrace

Fremont Villas

Linden Heights

Vallejo Villas

As always, if you have any questions about Monterey Hills real estate or need help with buying a condo, give us a call.  If you are thinking of selling your Monterey Hills condo or townhomes, we have buyers - so please call us to discuss what your condo or townhome is worth.  We're always happy to be of service.

PasadenaViews Real Estate Team

Monterey Hills Real Estate Agents

445 South Fair Oaks Avenue

Pasadena, CA 91105

Irina at PasadenaViews.com

(626)629-VIEW (8439)